Update on Insider Buying. The following is from the EDGAR filings for July 1998. Basil Regan acquired the following:
Common 7/16/98 P 10,000 A $17.375 Common 7/17/98 P 10,000 A 17.369 Common 7/17/98 P 20,000 A 17.586 Common 7/20/98 P 20,000 A 17.906 Common 7/22/98 P 10,000 A 17.582 Common 7/22/98 P 10,000 A 16.890 Common 7/23/98 P 30,000 A 16.748 Common 7/23/98 P 30,000 A 17.560 Common 7/24/98 P 10,000 A 15.875 Common 7/24/98 P 10,000 A 16.625 Common 7/24/98 P 10,000 A 15.750 Common 7/24/98 P 10,000 A 15.825 Common 7/27/98 P 25,000 A 14.630 Common 7/27/98 P 10,000 A 14.875 Common 7/31/98 P 50,000 A 14.673 Common 7/31/98 P 100,000 A 15.000 3,895,200 I General Partner Basil ia a hedge fund manager/investment advisor who owns more than 10% of the outstanding shares of Genrad. He is a long time investor, and obviously still has a lot of faith in the Company. Here's hoping he's right. |