Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (27049)	7/27/1999 1:37:00 AM
From: FR1	Read Replies (3) \| Respond to of 41369

Steve's selling: Yeah, I got a opinion. Any beginner can tell you that you don't sell stock when the price is going down. You lose money that way. You sell stock when it is going up. Unless, of course, you happen to know major bad news is going to hit tomorrow. I think it is as close to insider trading as you can get. AOL put a lot into the SF board decision. It was hyped a lot. They were lobbied like mad. The public had the feeling the decision would go to AOL. It is important because if you lose it, no other major city is going to follow Portland. Among major cities, San Francisco is a very liberal. Make no mistake, Steve knew exactly what the score was. He can count heads. He knows that it is 9-2 against AOL or close to that. So just hours before the vote against AOL, Steve and his managers dump 4 million shares. If the shareholders had the same information as Steve, they would have sold too. To say this is not fair and unethical is a understatement. To say it is illegal is another matter.

To: Dr. David Gleitman who wrote (27049)	7/27/1999 8:42:00 AM
From: Boplicity	Respond to of 41369

re: Dell vs Case in selling shares. I have followed DELL for awhile now. I have never seen MD Sell 9% of his holdings like Case just did. Case, unlike Dell and Gates, doesn't even come close to holding the % of the company he founded. Case has missed out on a fortune, unlike Dell and Gates who have held the bulk of there holdings. Greg