They show 8 different insiders selling 194,000 at
prices between $30 and $34.625. 5 of the insiders are
current or former Officers (the guys who know best
what is going n). Any insights on this significant
selling?
Fil,
The selling was insignificant. You are right, these people
know best what is going on. See my post 35524, which I will
repeat here:
Synopsis of insider sales this Feb. 1998 window:
Ejabat 34,998
Ejabat 20,000
Stagno 11,693
Deshparde 35,000
Colicchio 5,000
Sanford 15,000
Johnson 18,000
Johson 12,000
Smith 50,000 (perhaps another 50,000...being checked)
Schneider 25,000
Total: 226,691 or 276,691
This total is very, very low compared to insider sales
during earlier open windows. As such, it may even suggest
that insiders are relatively "holding" ASND, a positive sign:
Oct-Nov 97: 485,955
Feb 97: 646,193
Oct-Nov 96: 543,707
Jul-Aug 96: 249,829 (ASND rose after this window from 52 to 72)
Apr-May 96: 695,628
Jan-Feb 96: 603,986
Gary Korn |
