Hi Ron..About Insider Trading
I don't know what Barron's is talking about. The latest info I have
about insider trading is given below:
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SEC Pos Name Type Date Shares Price Holdings
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10/96 SR VP BRADFORD DAVID R S 09/20/96-09/30/96 8,000 10.31-12.12 38,393
08/96 SR VP K-COSTA JENNIFER X 07/15/96 10,000 0.10 10,000
08/96 COO BURNSIDE MARY X 07/03/96 14,000 3.12 57,585
08/96 TR MOTT DARCY G S 07/01/96 9,900 13.87 31,457
08/96 TR MOTT DARCY G X 07/01/96 20,000 3.12 31,457
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SEC = SEC release date
Type = S:open market sale X:exercise options
Considering that insiders exercised options for 44,000 shares and sold
only 17,900 shares, this indicates accumulation. Add to this the
400,000+ shares they accumulated between 3/96 thru 6/96, this tells me
that they are +ve on the prospects of the company.
Regards
Salah |
