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Technology Stocks : Sun Microsystems

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To: Mephisto who wrote (582)3/5/1997 6:32:00 PM
From: uu   of 630
 
Mephisto:

> Did you look at past insider selling? It is not unusual for insiders to
> sell.

Exactly what I tried to say. In the past during this time (last week of
second month of the quarter or first 2 weeks of last month of the
quarter) the news about insiders selling is made public and the stock
gets a beating because of that. But the selling does not reflect
anything bad on the company. It is just that those insiders get
rewarded by stock options each quarter based on their performance.
And by how Sun has performed I will not be surprised to see options
given away to a lot of insiders who try to cash in so they can enjoy
the life a bit better!

This is not to say that I am aware of any such sellings but just by
looking at the past pattern and how the stock has performed I will
not be surprised to hear of such news. Which is absolutely OK and
is not unusual for SUNW.
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