Meanwhile, this guy in poo-poohing the sales, inadvertantly
revealed that his firm slashed its stake 50% in the past 2 months....
03/03/98 AOL's CEO Case Sells 15% of Stake: Insider Focus
Dulles, Virginia, March 3 (Bloomberg) -- America Online Inc.
''If Bob (Pittman) were selling that much stock, that would
be a signal to watch out because he's the major management
figure,'' said Ned Brines, an analyst at Roger Engemann &
Associates, which owns 200,000 AOL shares.
12/22/97 AOL Execs Sell as Stock Nears High: Insider Focus
Dulles, Virginia, Dec. 22 (Bloomberg) -- America Online Inc.
''It was just a drop in the bucket,'' said Ned Brines,
analyst at Roger Engemann & Associates Inc., which owns 400,000
shares of America Online.
By the way, AOL's proxy shows that Pittman's total "holdings" as
of 07/31/97 at 500,000 shares, of which only 20,000 are exercisable. |
