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Technology Stocks : Flextronics International (FLEX)
FLEX 59.98+0.8%Nov 14 9:30 AM EST
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To: jeffbas who wrote (595)3/4/1998 8:54:00 AM
From: John Morelli  Read Replies (1) of 1422
 
Well, you may have something there but what proportion of his total holdings does this sale represent (is it material)?

Is it possible that he needed the funds for some personal purpose (maybe most of his personal wealth is tied up in the stock or house etc., so he had to liquidate)?

Clearly the sale indicates he is as bad at market timing as the rest of us. If he had waited a bit he could have gotten $10 more (although selling while you are presenting at an investment conference would be extremely bad form if not illegal).
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