SI
SI
discoversearch

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 : Miami Computer Supply Corp (MCSC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: leigh aulper who wrote (17)7/12/1998 1:35:00 AM
From: DD™   of 43
 
Taken From Insider Trading..

insidertrader.com

Miami Computer Supply (MCSC: $16.38)

"Although a slew of insiders buying on the same day at the same price often indicates orchestrated activity, we deem the recent buying at MCSC as significant. The seven insiders bought into this company's recent secondary offering, ponying up a total of $2.6 million between them. They were able to purchase their shares net of underwriting costs (which explains the strange purchase prices of $15.16), but these insiders were not lent money to participate. Though slightly below market, the insiders' purchase price was also more than double where the company's stock was a year ago and represented an averaging up for most of the buyers. This indicates confidence that whatever has spurred this stock to appreciate so well, may continue. EPS estimates for MCSC stand at $0.66 this year, and $0.77 next year."

DD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext