On April 21, 1999 Dan Niles downgrades MU
On April 22, 4,000,000 shares were sold according to this filing.
Bad Coincidence or did the Grinch steal Christmas?
tom
From the SEC filing:
=================================================
(c) During the 60 days prior to the date of this Amendment No. 12, the
Revocable Trust sold an aggregate of 4,000,000 shares of Common Stock in order
to increase the diversification and liquidity of its investment portfolio. Such
shares were sold in public sales on the New York Stock Exchange on April 22,
1999 at the per-share prices (before brokerage commissions) indicated below:
No. of Shares Price
------------- -----
2,808,400 37.0000
47,000 37.0625
59,000 37.1250
25,000 37.1875
51,000 37.2500
15,000 37.3750
10,000 37.4375
210,200 37.5000
93,400 37.5625
47,000 37.6250
46,000 37.6875
2,000 37.7500
205,000 38.0000
42,000 38.0625
67,000 38.1250
11,000 38.1875
34,000 38.2500
42,000 38.3125
43,000 38.3750
25,000 38.5000
104,000 38.5625
5,000 38.7500
3,000 38.9375
5,000 39.0000 ---------
Total 4,000,000 =========
In addition, on April 22, 1999, the Revocable Trust donated 1,000,000 shares of
Common Stock to the J.R. Simplot Foundation. |
