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To: pater tenebrarum who wrote (2646)7/7/2000 5:00:58 PM
From: Zach E.  Read Replies (1) | Respond to of 436258
 
I loved these excerpts:

Paul Allen led the sellers by disposing of $4 billion in shares...
Other big sellers include Dell founder Michael Dell, who sold $755.4 million...
Microsoft and Dell said their officers regularly sell small amounts of stocks to diversify their investments.

I wouldn't mind having a "small" amount of stock like these guys <g>



To: pater tenebrarum who wrote (2646)7/7/2000 5:22:09 PM
From: Ken98  Read Replies (1) | Respond to of 436258
 
Heinz, THAT'S the real reason HD was up the last couple of days. All those insiders remodeling their houses! The phrase "monetization of shareholder ignorance" keeps coming into mind.

But what happens to all of these recent IPO stocks that have micro floats (less than 10M shares) and a large number of outstanding shares (50M shares+). All of the insiders and VC dudes have huge paper gains, but what is the exit strategy? Its easy for Mikey to sell a couple of billion in paper without any effect, but not these micro floats.

Have a good weekend, Ken.



To: pater tenebrarum who wrote (2646)7/7/2000 5:23:04 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
The conseco bit towards the bottom is pretty funny -- but I'm sort of a twisted individual, too ...