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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: Christopher Brainard who wrote (1507)1/7/2006 10:19:26 AM
From: robert b furman  Read Replies (1) | Respond to of 1540
 
HI Chris,

WELL WELLL WELL - THIS IS INTERESTING!!!

On 12/17 your buddy Mr Ahmanson, announces that he'll sell 270,000 shares of options candy "on a prearranged plan" under SEC rule 10b5-1.

This allows company insiders to buy (right) or sell their stock legally according to prearrranged plans "THAT AREN'T SUPPOSED TO BE CHANGED IF THEY LATER ACQUIRE INSIDE INFORMATION".

Well since 270,000 shares equals about 5-6 days worth of total trading in sbse lately - that's huge supply.Key note this traunch of selling will occur from January 15th through February 8th.

Enter SBSE's Earnings announcement:

us.f510.mail.yahoo.com

I leave it to one's imagination as to how earnings will come in.

P.S. They'd better darn well be good or Mr Ahmanson's flooding of supply will choke the life out of this illiquid beast.

Some how I figure this to be a well coordinated announcement on what will be a surprisingly good quarter - like last quarter wasn't.

What say ye readers of this thread?

Bob