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.

Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (4395)	9/30/1999 9:20:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 10027

He mentioned he thinks this insider selling, and this large collar position, limits the upside of the stock in the "intermediate" term. Not sure what "intermediate" means Gary, 1. This is absurd. One insider's collar limits the upside in the intermediate term? As for insider selling generally, I've posted the insider holdings (from the proxy statement) and the sales against those holdings have been miniscule. (I do admit that the overhang, particularly from entities like TWE, poses potential selling pressure. On the other hand, I've heard stories to the effect that AMTD would rather take on debt than sell their NITE shares at this price.) 2. If the stock price is "collared" because of this insider, I guess I'm safe writing 27 1/2 puts for 3 points a pop until the cows come home. Gary Korn