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Technology Stocks : ECEC (formerly USSP)

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To: interesting man who wrote (56)1/29/1999 8:10:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 361
 
apavlovic,

I noticed that planned sale of 100,000 shares by the CEO a couple of weeks ago. I wouldn't try to draw any conclusions from that because planned sales and purchases at intervals seem to be the norm. While some may interpret any liquidation as a vote of no confidence, 100,000 shares is not significant. Bill Gates at Microsoft and virtually all of the portal entrepreneurs have been selling in droves, buying new homes, BMW's, etc. while investors continue to bid up prices. Perhaps this guy just needed $137,000 to recarpet his house!<g> The potential of this business model still looks very attractive even if it ultimately captures only a small fraction of eBay's market share.

TG
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