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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Warpfactor who wrote (50458)	9/6/1999 12:05:00 AM
From: IndioBlues	Read Replies (1) \| Respond to of 95453

BigDog or anyone, comments on NE? Large block insider sales last month have me a little concerned. NE is a high quality company and, from what I gather, James Day is among the more highly-regarded driller execs out there. Yet Day (CEO and Chairman) and B. Welliver, CFO and Sr. VP, dumped one heck of a lot of stock last month (204,000 and 70,000 shares, respectively). What's up with that? In Day's case, it was more than half his holdings. Seems counter-intuitive if they agreed with the Boom 2000 thesis. My only other thought (UTTER CONJECTURE OBVIOUSLY) is that the sales are tied into a takeover. marketguide.com