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Technology Stocks : SatCon Technology (SATC)

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To: Cabrina Dieters who wrote (268)9/8/1998 9:42:00 PM
From: James Mortensen   of 440
 
Cabrina!

Good to have you back here. Hey, I was thinking about the timing of Bill Stanton's registered sales. He's the new head of Beacon right? I have some knowledge of how venture financing works (it's my goal to head-up a venture capital firm, someday) and Bill's probably getting a cut of the company (Beacon). Just hypothesizing here, but it wouldn't surprise me if Stanton dumped his SATC position so he could get a bigger chunk of the Beacon pie. SATC will benefit greatly from a Beacon IPO, as well as profitable Beacon growth. But the SatCon officers will generally benefit only indirectly, through their SATC stock. But Stanton, if he has his fingers on Beacon stock will score fantastically well.

I don't think Stanton's SATC sales are a comment on SATC at all. I think, it's probably an enormous vote of confidence in Beacon!

Spinning up!
Jim
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