Bloomberg Info by: isl98 3544 of 3547
Thanks for your response on Bloomberg. A little too rich for the average person. I was able to research the 13d on Edgar and found the insider sales which was filed on March 24, 1999. Apparently, the Chairman sold 200,800 shares, his brother,the CFO 169,000 shares,the president through a revocable trust 60,000 and Lodestone Capital fund which includes the Chairman and his brother and additional 123,600 shares for a total of 553,400 shares or approcimately 30% of their holding at an average price of about$16 per share. I hope they don't know something we don't, they already have one class action against them pending. Anyhow, I'm not happy finding out that they were selling when I was buying..Actually doubled the float..Why? |
