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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas A Watson who wrote (1489)9/15/2000 3:07:29 PM
From: GVTucker  Read Replies (1) | Respond to of 1794
 
The insider sales have been incessant ever since the lockup expired at the beginning of summer. The one small piece of good news is that the VC's have stopped hitting the bid. Greylock doesn't appear to be selling, and Benchmark, after blowing out of about 70% of their position right after the lockup expiration, seems content to keep their remaining 3.8mm shares. Young also hasn't sold any lately, and Frank Batten doesn't seem to be selling in any size after bailing out on almost 5mm shares in July.