Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 140.23

-8.9%

Nov 20 3:59 PM EST

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To: appro who wrote (2762)	3/15/1998 12:26:00 PM
From: Alan Hume	Read Replies (1) of 9256

Hi Appro "Quantum insiders sold something like 500,000 shares plus in most recent quarter; Now that makes me think QNTM management is pretty savvy." Not sure I go along with that statement: In the post that started this topic on March 9th, it said that "(Quantum) insiders were selling more shares than a year ago". Well any "insider" who sold QNTM a year ago could hardly have been acting on insider information. History has proved their actions not to have been very "savvy". I think that the heart of the matter is that corporate officials are bound to strict rules regarding when they may sell their options. Bearing in mind that these options were probably acquired at overly favorable prices, I doubt if they care too much about the actual price when their selling window is open. Changing the subject, my time piece tells me that it is March 15th, and that this qtr. is rapidly drawing to a close. I believe it is now too late to expect any earnings warnings, so may be we may look forward to some smoother water. Regards Alan

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