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Technology Stocks : Remedy Taking a hit why?

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To: Will Cunningham who wrote (394)12/23/1997 11:36:00 AM
From: seth thomas   of 763
 
Thanks for posting the insider trading data. Looking at it objectively, I'd have to say that I think the insiders did nothing wrong. They sold about a week or two after the previous quarter's numbers were posted, over a month before today's announcement, and about a month before the SWRT announcement.

The timing is unfortunate for those individuals, because they will get dragged through a lawsuit, for sure. At some point, insiders have to be allowed to sell - and waiting a week or two after numbers is prudent.

It looks like these guys did sell at a peak - nothing wrong with that.
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