If a buyout was in the works, why would an insider be selling a total of 275,000 shares?
April 09, 1999 14:56
Cabletron Systems Insider Files To Sell 175,000 Shares (CS)
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(NewsTraders.com)-- Insider Details
Source: Form 144 released today by the SEC
Transaction: Proposed Sale
Company filed on: Cabletron Systems Inc. (CS)
Filed by: Piyush G. Patel and Tejal Patel
Filer's relationship to company: Affiliate
Number of shares: 175,000
Aggregate market value: $1,400,000
Approximate date of sale: 4/1/99
Company shares outstanding: 172,173,000
Broker: Donaldson Lufkin Jenrette
Note: The information used in this story is taken directly from the Form 144 filing, except for supplemental
information provided in parentheses, when applicable.
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April 08, 1999 15:53
Cabletron Systems Insider Files To Sell 100,000 Shares (CS)
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(NewsTraders.com)-- Insider Details
Source: Form 144 released today by the SEC
Transaction: Proposed Sale
Company filed on: Cabletron Systems Inc. (CS)
Filed by: Piyush G. Patel Tejal Patel
Filer's relationship to company: Affiliate
Number of shares: 100,000
Aggregate market value: $800,000
Approximate date of sale: 4/6/99
Company shares outstanding: 172,173,000
Broker: Donaldson Lufkin Jenrette
Note: The information used in this story is taken directly from the Form 144 filing, except for supplemental
information provided in parentheses, when applicable.
Copyright 1999 NewsTraders Inc. All Rights Reserved 15:52 Thursday, April 08, 1999
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