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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Albert Mou who wrote (2296)8/29/1998 1:59:00 PM
From: Mama Bear  Read Replies (3) of 18998
 
Albert, concerning insider "buying" in MRVC:

All on 5/29/98:

RAVNOY ZEEV Bought (P) 10,000 (i) Common 23.35 $233,500
MARGALIT SHLOMO Bought (P) 10,000 Common 23.31 $233,100
LOTAN NOAM Bought (P) 5,000 (i) Common 23.35 $116,750

That is impressive on it's face. But when considered in conjunction with these transactions,
on 9/18/97, it doesn't look so good:

RAVNOY ZEEV Sold (S) 200,000 Common 35.75 $7,150,000
MARGALIT SHLOMO Sold (S) 200,000 Common 35.75 $7,150,000
LOTAN NOAM Sold (S) 100,000 Common 35.75 $3,575,000

biz.yahoo.com

Those inside 'buyers' have been net sellers, to the tune of millions of dollars.

Barb
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