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Technology Stocks : Compaq

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To: Andreas who wrote (22039)3/16/1998 2:23:00 PM
From: Robert Voigt  Read Replies (1) of 97611
 
To All: According to Bloomberg, 9 CPQ executives sold 1.2 million shares at prices ranging from $30.56 to $36.00 between Feb 2 and Feb 17.

CPQ states that this is not unusual, as $54.6 million worth of stock was sold in October. The speculation in the Bloomberg report (dated 3/10/98) is that some executives new things were going to be worse than expected and unloaded.

If this has already been posted, sorry for the late post. I just received a hardcopy of the Bloomberg report from my broker.
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