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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (5246)1/31/2003 9:52:17 AM
From: Jeffrey D  Read Replies (2) | Respond to of 25522
 
The timing of the announcment is interesting. It comes one day after Morgan announces he is exercising his option to buy 560,000 shares of AMAT at $4.60. Obviously, he knew yesterday what he was going to announce today and still he exercised the option. Why? Perhaps he knew the criticism he would face if he didn't.
Jeff