Baron is one smart guy, who does his homework. His loading up on this stock(he usually doesn't go this large into any one stock) is a buy signal for me(new to this board and stock);
Baron:
Bought 4,000,000 for about $112,000,000($28/share) in a private transaction.
Recent purchases on the open market(from the SEC filing):
TRANSACTION SCHEDULE
From 03/13/98 To 05/13/98
All transactions were executed on the primary exchange
for the Issuer unless otherwise indicated.
Acct Exec.
Date ID Trans Qty Price
- -------- ---- ----- ------ ---------
03/25/98 bcm sell 2,500 31.0000
03/31/98 bcm buy 10,000 29.2500
04/01/98 bcm buy 20,000 29.0625
04/02/98 baf buy 3,100 28.8120
04/02/98 bcm buy 20,000 28.8120
04/03/98 baf buy 10,000 29.0625
04/07/98 baf buy 300 28.7500
04/08/98 baf buy 300 28.9375
04/13/98 baf buy 10,000 29.6250
04/22/98 baf buy 7,900 30.2668
04/22/98 bcm buy 4,000 30.2668
04/23/98 baf buy 8,400 30.4405
04/27/98 bcm buy 3,500 29.9821
04/29/98 baf buy 8,900 29.3750
04/29/98 bcm buy 2,000 29.3750
05/12/98 bcm buy 11,000 27.5335
05/13/98 baf buy* 4,000,000 28.0000
* The transaction was privately negotiated. |
