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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?


To: BoRare who wrote (785)2/6/2005 10:31:14 PM
From: Lizzie Tudor  Respond to of 15857
 
I saw 60 minutes and no mention was made of Schmidt "selling like crazy", because he isn't and neither are Brin and Page. They have a 5 year planned selling plan to divest 20% of their holdings in total.

The amazing thing to me, is the venom against this company by so many shorts. I have determined the shorts today are like the longs 7 years ago, just echoing conventional wisdom. Anybody who actually *looks* at the insider selling at GOOG, and compares it to any other insider selling (and I am leaving off the really big insider dumps at microsoft and other mature companies) would deduce that there is almost no insider selling going on. I think if Brin page or Schmidt sold even *one share* of GOOG you guys would be barking. Just to put it in perspective look at the cash goog is generating and compare to the insider sales. Unless an insider is selling over 100mm its not significant.



To: BoRare who wrote (785)2/6/2005 10:47:00 PM
From: Mark Fleming  Respond to of 15857
 
Of course he's selling tons of shares. This is what founders of companies do in situations like this. What do you think he makes in salary? Half a million, a million? He's been working hard to create this company and now he can pull out a few hundred million or more and buy the big house, the fancy cars and all that crap. Not to mention diversify his portfolio. Everyone in this position does this. Don't you think he deserves to live like the High Tech king is is now?