SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001600.0%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dwight E. Karlsen who wrote (10359)12/10/1997 8:21:00 AM
From: Moonray  Read Replies (2) of 22053
 
HIGH-TECHNOLOGY COMPANY INSIDERS DUMP SHARES AMID
SECTOR SELL-OFF

Insiders at high-technology companies frequently
sell shares in their own companies, often a lot of
shares. But with Tuesday's sharp drop in tech
stocks, some of the recent sales look a little more
interesting.

During the past several weeks, executives and
directors at Oracle Corp., Sybase Inc., BMC
Software Inc. and 3Com Corp. all have sold
shares or notified the Securities and Exchange
Commission that they plan to do so shortly.

All four companies were caught in the downdraft
Tuesday
when Oracle's shares plummeted 9 7/16,
or 29%, to 22 15/16 after Oracle announced
lower-than-expected second-quarter results after
the market closed Monday.

smartmoney.com

Editor's note: COMS closed UP one-eighth Tuesday in a bad
market. For those of us that are long, bring on the downdraft!<g>


o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext