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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: kech who wrote (6203)1/15/2001 6:45:23 PM
From: marginmike  Read Replies (1) | Respond to of 196772
 
Richard Scupizio sold almost all his shares in Nov-dec 99. When interviewed on CNBC he baisicly replied to a questioning of him jumping ship by replying selling equated to good news not bad news. He implied that insiders would only sell on good news. I remember cause at the time I had the same concern that RS was selling almost all his shares. I would also point out that during the 2 bad quarters and before those CC there was NO major selling. At the time I think In Jan RS and one other exec actually were exersising and holding options! I really wouldnt worry about the selling. I noticed the upgrade after upgrade when Q was @ 90 and noted on a thread that they were trying to dump somebodies stock. The selling to me is reason to feel there are no surprises coming on the 25th