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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (11022)12/5/1998 11:21:00 PM
From: LTK007  Read Replies (1) of 29382
 
NAVR CEO on dumping 200,000 shares of his stock

Paulsen says he wasn't selling on the basis of inside
information or because he had turned sour on the
company's future. He points out that he remains
Navarre's biggest stockholder with 2.9 million
shares.

''I've been in this business for 31 years and at
Navarre for 15 years,'' he says.

It's just that any entrepreneur feels entitled to sell his
company's stock occasionally when the price is
good, he says, and the price was very good for
reasons that escape rational analysis. ''I don't
control the price of the stock,'' he says.----my conclusion
is if I was in Paulsens shoes,I would have done the same thing-Max
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