Insider Watch -- Selling: Sun Microsystems (SUNW) Computers & Office Equipment
Since October '98, SUNW's stock has climbed almost 130%. Insiders have been selling all the way, and are dropping shares again. From January 27 through February 23, nineteen insiders sold 512,724 shares at prices ranging form $103.38 to $110.28 per share. Leading the sales, President, Java Software Division Alan Baratz sold 88,000 shares. Chief Strategy Officer William Raduchel exercised options for and sold 71,024 shares. President, Network Storage Division Janpieter Scheerde sold 34,200 option-related shares. President, Computer Systems Division Masood Jabbar and Divisional Offer Frank Pinto both exercised options for and sold 50,000 shares. COO Edward Zander exercised options for and sold 20,000 shares.
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