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Technology Stocks : SkyMall (SKYM)

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To: Fred Puppet who wrote (737)12/31/1998 8:27:00 AM
From: Cynic 2005  Read Replies (1) of 987
 
Fred, I was able to profit from the recent run-up in the stock price. Keeping that aside, I too smell some thing fishy in the CEO trades. Who in the world would be charitable enough to sell options at (or for) $6-7 for a stock that is in the 30's. The irresponsible journalist herd on CNBS is calling it a great deal for the CEO. Oh really? Think about it - the two persons who took the other side of the trade apparently don't think so. What gives?
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