Manugistics, Inc. (MANU) Message Board

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Technology Stocks : Manugistics, Inc. (MANU)

MANU 16.13

+1.1%

12:08 PM EST

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To: Lizzie Tudor who wrote (790)	6/16/1998 9:19:00 PM
From: Rashley	Read Replies (2) of 1670

CS First Boston initiates coverage of Manu with a hold and 12 mos target of 24. So CSB says, "If you already own it, hold on baby 'cause this could move almost %5 in the next year!!". <g> Can you imagine a CEO of a company that acted like that, refusing to take a real stand... I was looking at the insider transactions at MANU courtesy of Yahoo. Someone correct me if I'm wrong, but it looks like William Gibson sold about 45,000 shares and exercised 200,000 options with the proceeds. This was done at prices between 56 and 63 in the first week of April. That's a pretty big bet to make and it turned out to be totally wrong. I don't know what the option price was, but it looks like the 1Q was a blindside to him too. RA

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