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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?


To: slob who wrote (50)11/11/1997 5:23:00 PM
From: mike mccann  Read Replies (3) | Respond to of 532
 
It's great to try to forget the sins of the past and to pretend a new management team has come to work.
But, did you know the CURRENT Chairman of the Board, David Laws, sold 100,000 shares @ $18.92 on 5/3/96. And did you know the CURRENT CFO, George Rassam, sold 52,662 shares at an average selling price of $19.00 between 5/6 and 5/16/96.
Management by millionaires? Is that what IMP needs? And why is it that all of executive management, almost without exception, is either past or near retirement age? What's going on here?
Too many unanswered questions for me to buy at what appears to be a currently inflated price.

Mike