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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 256.89-1.2%Dec 31 3:59 PM EST

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To: TI2, TechInvestorToo who wrote (6965)8/27/2003 4:17:10 PM
From: Big Bucks  Read Replies (1) of 25522
 
TI2- Lots of insider selling of options and personal stock
as the price is rising..... Taking easy profits, picking
low hanging fruit. IMO a statement that they see the stock
near a high at this time and weakness going forward. Seems like they're accumulating cash. I would speculate
that perhaps they are looking to invest in other places,
perhaps a "new" niche company or new business venture that
they could be funding....but pure speculation on my part.
No buying though, these guys got very large options awards
at $4.33.....nice payday after laying off so many hard
working underlings last year and this year....enough said.
BB
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