March 18, 1999
Cyber Selling
In the past five months, undoubtedly encouraged by the group's big price gains and volatility, selling by insiders has been heavy in the Internet sector.
Name IPO Insider Sales*
Amazon.com 5/14/97 1,339,000
America Online 1992 2,040,000
@Home 7/10/97 1,364,050
Books-a-Million late 1992 1,509,824
Broadcom 4/16/98 3,636,174
CDNOW 2/10/98 2,506,834
Checkpoint Systems 1997 225,000
CNET mid 1996 153,200
Data Broadcasting mid 1992 2,677,889
DoubleClick 2/20/98 254,694
Earthlink early 1997 785,037
EarthWeb 11/10/98 33,693
Egghead mid 1998 684,308
E*trade mid 1996 1,106,325
Excite mid 1996 1,154,723
GeoCities 8/11/98 77000
Infoseek mid 1996 40,000
Inktomi 6/10/98 1,824,360
Lycos early 1996 1,057,295
Micromuse 2/13/98 449,900
MindSpring early 1996 411,008
Netscape Commun mid 1995 209,353
Network Soln 9/25/97 154,036
OnSale 4/17/97 165,000
Open Market early 1996 523,358
Preview Travel 11/20/97 98,206
RealNetworks 11/20/97 322,967
Security Dyn late 1994 11000
Spyglass mid 1995 305,045
US Web 12/5/97 287,539
Verisign 1/29/98 3,188,950
Verity late 1995 82,404
Yahoo early 1996 944,678
*Oct. 1, 1998, through Feb. 25
Source: First Call-Investnet
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