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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 25.01-16.0%Nov 6 3:59 PM EST

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To: max who wrote (3361)6/23/1998 6:58:00 AM
From: Jean-Philippe Chevalier  Read Replies (2) of 5736
 
My God, man. It is worse than I thought! 34 Insider sales in the last year with no buys. Now before someone chimes in with the hogwash about insiders have expenses too, like sending children to college and buying a yacht or two (and I agree that everyone has some legitimate expenses or just wants some fun money once in a while) please note that this fleecing is to the tune of about SIX MILLION BUCKS! Also note that options were exercised nine times, basically a giveaway of shareholder value with no corporate manufacturing, marketing plan, or sales. Seven times the entire amount exercised was sold the same day for a tidy bit of legal larceny. Once 30,000 share were exercised and only 20,000 sold the same day, and on the lone a occasion where the stock was apparently held, only 2,500 shares were exercised.

Nice link. Next time read it before you post it.
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