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Technology Stocks : Business Objects (BOBJ) - any followers???

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To: StormRider who wrote (563)6/5/1998 3:52:00 PM
From: Sultan  Read Replies (1) of 1150
 
>>> But, of course, co-founder Denis Payre just sold 800,000 (of his 1.3mm) shares @$17.25 because he feels that BOBJY is resurging. <<<<<

This and other insider selling started the downward drift after they touched 20. Until next quarter it will probably be under pressure. The above is from Cognos thread. The sector is under a bit of pressure until quarterly earnings.
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