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Technology Stocks : Peritus Software Services (PTUS)

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To: kvogel who wrote (1369)6/8/1998 9:36:00 AM
From: Michael Tedder  Read Replies (1) of 1960
 
Regarding recent insider sales....they were a result of a dissolution of venture capital partnerships. Shares were distributed to LPs "in kind" and were subsequently sold. I bought the 75,000 from them. They were sold through Paine Webber who uses NITE as their market maker in PTUS. Paine Webber has 20,000 for sale at 4 1/2 which finishes out any sales from these people. These people don't even know what Peritus' main line of business is.
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