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Technology Stocks : Elcom International (ELCO) -- Ignore unavailable to you. Want to Upgrade?


To: David K. who wrote (41)12/7/1997 9:25:00 PM
From: bobgh  Read Replies (1) | Respond to of 736
 
Daid K. -&- All...
can someone explain to me --- a company who is looking to either
merge or sell... as explained by the president, to inhance the
value of the company which he feels is undervalued.Also as he
said he feels this will probably take place "BEFORE" the holidays..
Well we've had "Thanksgiving", so he must have meant "XMAS"..

That being the case can someone explain "WHY" would they elect to sell
their own personal stock at the time when this is to take place.

"SEE FOLLOWING"

Form 144 filed with the S.E.C. the week of "12-5-97"
"SOLD"
ELCOM INTL "ELCO" $7,501,617 / 1,121,280 shares 4 - N,N,S,N(insiders) @ 6.69

curious!! bobgh