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Technology Stocks : AML Communications (AMLJ)

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To: Roger Brown who wrote (28)12/3/1996 7:00:00 PM
From: Patrick Keeler   of 110
 
There is a secondary offering coming but it won't provide the company with anything. Inbar and several other insiders are registered (EDGAR has the S-8 available) to sell over 550K shares.

I usually don't care about insider selling (especially when they sell options) but when its the CEO and its one of these offerings...It has to be a pain to go through the entire registration process. I don't think Inbar would do it if things were looking great.

I don't know if it dilutes the stock. Probably explains the recent downturn.

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