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Technology Stocks : CCSC - Coherent Communications -- Ignore unavailable to you. Want to Upgrade?


To: Todd D. Wiener who wrote (298)11/3/1997 4:23:00 PM
From: Tuan Phan  Read Replies (2) | Respond to of 381
 
Todd,

Recent insider activities showed that McGinnis and Pratt are planning to sell around 50,000+ shares of CCSC at $30/share. That is around $800K. Are you aware of this activity? If so, what is your view?

I believe that the company is still fundamentally strong. Sales are great and appears to continue in same track. I believe that McGinnis is still holding at least another 300k shares, so the 20k is a little less than 8% of his holding.