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To: Ted Kowalczyk who wrote (154)11/2/1997 2:08:00 PM
From: laleh  Read Replies (2) | Respond to of 1510
 
I only see one Director sold 30,000 @ $12.75 on 9/16.
insidertrader.com

It's hard to conclude anything from insider selling, unless, if MANY insiders sell . This person might have needed/wanted the money and we don't know what % of his/her stocks was sold (he/she might own much more). (Insiders buying is a more reliable indication).

Anway as you can see this sale happened on 9/16 (it's just being reported in Oct., there probably was a form 4 filled previously). So it would not have any effect on current prices.