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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: TAPDOG who wrote (6459)11/4/1997 5:48:00 AM
From: Pancho Villa  Respond to of 9285
 
RE: >>He just sold 37,000 share ($1,000,000). I would think that he would take that million whether he was bullish or bearish<<

Good point!however notice this is in the order of magnitude of annual sales (and above the cash flow) from the last fiscal year. Rationale: one million in profits=one million in CEO salary. I wonder how things will be if they ever hit 100 millions in revenue.
Pancho