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Technology Stocks : DianaCorp (DNA)-Hype is over- Respect begun- Many shorts
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To: Pdolphin who wrote (95)2/16/1997 4:03:00 PM
From: AngelM   of 201
 
I guess it was the same for the former board member as well. (big sale in Nov) These sales were almost "pre-announced" and predictable apparently last summer when they both focused on other business interests. They owned a significant %age of the company to keep everything in one basket.

Also with the new product sale (running expenses should be similar to last Q, the meat division has been sold and pouring some money into Sattel) they should be heading for profit this Q

There are only 5.x mil shares outstanding and a lot of shorts. They must move fast to cover their position if the stock picks up some momentum.

BTW Somebody bought these shares anyway. Who is buying? Any idea?

AngelM
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