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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: pete who wrote (177)4/26/1998 1:05:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 410
 
I see no evidence that they are still selling. I am just trying to understand why they were selling their shares when the company was showing such great revenue and earnings growth. Could be simple profit taking. Could be lots of things. Insiders have a right to use their money however they want for whatever they want.

I have a subscription to the insider trading site:

insidertrader.com

You can also check insider sentiment at the Thompson's site:

thomsoninvest.net

Like I said I think that those hoping AVE may be acquired in the future for a price as high as $50 may be disappointed. Looks like to me AVE is interested in going it alone. I mean it could happen but why is AVE buying a company like World Medical if they are about to be acquired themselves?

Regards, Jeff
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