Of interesting reading is insider sales by Robert Howard last year:
(excludes gifts and option purchases)
Robert Howard 3/28/96 3000 111.5 $334,500
Robert Howard 3/28/96 1000 111.5 $111,500
Robert Howard 3/28/96 5000 108.5 $542,500
Robert Howard 3/29/96 500 111.75 $55,875
Robert Howard 4/3/96 5000 114 $570,000
Robert Howard 4/3/96 6000 113 $678,000
Robert Howard 4/3/96 4000 113 $452,000
Robert Howard 4/3/96 10000 113.5 $1,135,000
Robert Howard 4/4/96 1000 116.5 $116,500
Robert Howard 4/4/96 5000 116 $580,000
Robert Howard 4/8/96 5000 112.5 $562,500
Robert Howard 4/8/96 5000 112.25 $561,250
Robert Howard 4/8/96 5000 112 $560,000
Robert Howard 4/8/96 4000 112 $448,000
Robert Howard 4/8/96 5000 113.25 $566,250
Robert Howard 4/8/96 2000 111.75 $223,500
Robert Howard 4/12/96 5000 111.5 $557,500
Robert Howard 4/12/96 1500 111.75 $167,625
Robert Howard 4/16/96 2500 112 $280,000
Robert Howard 5/23/96 21000 187 $3,927,000
Robert Howard 5/24/96 9000 183.5 $1,651,500
Robert Howard 5/28/96 7000 166.81 $1,167,670
Robert Howard 5/31/96 3500 166.88 $584,080
116000 $15,832,750
After this manaagement attempted to unload a major portion of their holdings in a secondary. the announcement collapsed the stock.
I am sure that but for the SEC investigation, management would still be dumping shares.
The company is a decent company, whether it can survive in this highly compeititive market, I am a skeptic.
Incidently does anyone on the thread know what happened with the PRST S13 A of december of 96. (see edgar) |
