SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Shutters who wrote (625)3/22/1999 5:20:00 PM
From: Tom Todd  Read Replies (1) of 674
 
TI filed a SC 13D/A on 3/5/99, documenting sales of 316,500 shares between 1/20/99 and 2/26/99. Most recent sale prior to this activity was 12/97. They now hold about 1M shares and are no longer a 5% holder. Price on 1/20 (first sale) was $20.50. Last sale on 2/26 was $13.50. Each sale was down from the prior, and they continued to sell.

Until they unload the rest of their 1M shares, they represent downward pressure. As far as I can tell they have no strategic interest in Actel, and will probably continue to sell. Average daily volume is just over 300k.

-tt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext