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Technology Stocks : Applied Microsystems

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To: Patsy Myers who wrote (74)6/9/1997 9:54:00 PM
From: Fred Puppet   of 134
 
[ Insider Sales Continue ]

If they were willing to sell at 7, there's a good chance they might sell more. There hasn't been any significant downward pressure on APMC after the recent runup, but I wouldn't be surprised to see some profit taking soon.

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WASHINGTON, June 9 (Reuter) - A group including Onex Corp (OCX.TO) said it has reduced its stake in Applied Microsystems Corp to 663,360 shares or 9.8 percent.

In a filing with the U.S. Securities and Exchange Commission, the group said it sold 135,000 shares of the Redmond, Washington computer software company between May 16 and May 30 at $7 and $7.125 each.
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