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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (27521)	12/12/2001 1:02:27 PM
From: Ken W	Read Replies (1) of 29382

Joe BLTI must close above 5.00 by the end of the week or it is toast back to the baseline breakout of 4.00. stockcharts.com[l,a]daolyimy[dd][pb50!b200!d20!c10][vc60][iUb14!La12,26,9!Lp14,3,3!Lc20] As you may rememeber there were certain incentives for management if the sales force made 12 million in sales for the year. They hit those milestones, so I'd be willing to think that this sell down is due to those options being cashed in. Of course we won't know that until the 10th of next month when insiders report. Since these options are non cash transactions I don't think they have to report excer. of the options, but will have to report when they sell the stock and the proceeds of the sale. It would make sense as then the income would be reported in this tax year. Ken

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