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To: xiang chen who wrote (19540)10/28/1997 9:13:00 PM
From: orkrious  Respond to of 61433
 
RE: Insider sales
I am a constant lurker but never thought I had much meaningful to post. I have, for me, a large position, 5k shares at an avg of $42. I liked the fundamentals and always think the market overreacts on the downside. I always thought the overriding positives were no significant insider sales. This seem significant. Especially Dahl and Smith. This was first posted 50 posts ago. None of you think this is significant?

Jay



To: xiang chen who wrote (19540)10/28/1997 9:14:00 PM
From: satish kamat  Read Replies (1) | Respond to of 61433
 
Don't I feel like stupid for shooting a respond without checking the Edgar Online.

Edgar is now showing four different 144s:
Filling Date Person Shares Value $/sh
August 18 T& L C. Bishop 380 19,000 50.0
October 20 Mcheal Campa 1680 55,650 33.125
October 27 Curtis Sanford 15000 532,500 35.5
October 28 Morteza Ejabat 15000 532,500 35.5

Clearly, Mo and Curly demonstrated the best timing to file.

I couldn't however get any confirmation on sale by Smith and Dahl.



To: xiang chen who wrote (19540)10/28/1997 9:22:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Xiang,

My profuse apologies to you!

Ejabat sold 15,000 shares at 35/share. Reported on EDGAR today.
Sanford sold 15,000 shares at about 35. Reported on EDGAR 10/27

The only other sale recently was by Champa, for 1,680.

No recent sales by Dahl that I can see, or by Smith or by Smith for a second time.

Gary Korn



To: xiang chen who wrote (19540)10/28/1997 9:41:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
you mean 169k is small amount ? also was Dahl paid
by 169k ? i got confused.


I do not know off hand how many shares Dahl owns. However, it could be 1 million or more. Also, many of the officers are paid via stocka and they sell to have spending money or to diversify their investments.

Glenn