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Technology Stocks : PRI Automation up 30%

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To: HB who wrote (96)11/9/1996 4:46:00 PM
From: Sam Citron   of 193
 
Howard and other PRIA fans: re Insider Trades

Please note that the insider trading data which I posted on PRIA in Cary's semi-equip thread is incomplete and potentially misleading because it doesn't include the selling prior to 4/96. This omission was due to an apparent bug in quotecom's program when you request insider trading info for a portfolio rather than a single company. I have alerted quotecom of the bug, and hopefully it will soon be fixed.

Interesting how a stock goes on sale at 15% off for an hour after earnings are announced that are off estimates by 2%! Why it caused Robertson Stephens & Co analyst Dan Klesken to lower '97 EPS forecast by 8% is beyond my comprehension, but most analysts, being human, prefer positive surprises to negative ones. In any case, I think this sale will soon be over!

Sam
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