PSFT - Fiscal 1998 - Discussion for the next year Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zhivago who wrote (1274)	6/19/1998 8:54:00 AM
From: Melissa McAuliffe	Read Replies (1) of 4509

Zhivago, If I am reading that report correctly, Dave Duffield sold 700,000 shares since May 1. Ron Codd, who I believe is the CFO (correct me if I'm wrong here) sold 80,000 shares. So what's going on here? Let's just use an average price of $45. What does Dave Duffield need $30M for? Am I the only one who is concerned about this? When the CEO and CFO are selling I think it's at least time to ask questions. Or maybe this has already been discussed previously and I just can't remember. I know we discussed Duffield selling some time ago but I don't think it was at this level of shares. Also...gc...I agreee with your statement here about last quarter's earnings only being .01. I agree that things may be tight this quarter also. Can't say for sure but I think they would have gone for the .02 had they been somewhat more confident. Then again, they could report .03 for all we know. But I've felt this way about last quarter's numbers ever since they were released and am anxious to see how this quarter turns out. Melissa

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next