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.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (105719)	11/13/2003 2:19:11 PM
From: DRBES	Read Replies (1) \| Respond to of 275872

re: you cannot really tell much from rank and file sellers Unless, of course, a hell of a lot of them sell at once as they did at inteL one year ago when Jerry was buying AMD shares.

To: Bill Jackson who wrote (105719)	11/13/2003 3:04:40 PM
From: TGPTNDR	Read Replies (2) \| Respond to of 275872

Bill, Re: <However, when Jerry buys 300,000 and sells none, that means he feels it will go higher.> While I could be wrong, I think that Sanders, as an insider, is subject to the one year rule. Rule 144's Holding Period(s) At its core, Rule 144 allows a holder of restricted[And Control --TGP] stock to resell such stock upon the expiration of a one-year holding period. Until February of 1997, the holding period was two years. The foundational principle underlying 144's holding period is that securities acquired and held for one year were most likely purchased with investment intent and not with a "view towards distribution." The holding period begins upon the "date of acquisition of the securities." Securities are deemed acquired when the full purchase price or other consideration is paid. Securities issued, but not fully paid, do not start the 144 holding period until full payment is made. The soonest he can sell, IMO, is November 23. Any other opinions out there? -tgp

To: Bill Jackson who wrote (105719)	11/13/2003 10:26:52 PM
From: brushwud	Read Replies (1) \| Respond to of 275872

I suspect you cannot really tell much from rank and file sellers. I'm not sure who you're referring to here. Rob Herb & William Siegle are executive & senior VPs, respectively, not what I'd call "rank and file". And Friedrich Baur is a director who apparently no longer has a position in AMD. Are you implying that trading by Sanders & Ruiz is all that matters? That sounds like wishful thinking. On the other hand, it's often said that there are many reasons for insiders to sell, but only one reason for them to buy (on the open market)--because they think the stock will go up.