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


To: Roger A. Babb who wrote (7713)12/2/1997 6:12:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 9285
 
Roger and all: nice piece on DDIM at street.com. 100% in line with the views at SI and then more....

the last two paragraphs as a sample;

While his corporate office sat empty, Martin was a regular presenter at investment conferences, meeting with the fund managers, and always available for the financial press. But filings with the SEC show that he's also been regularly available to his stockbroker, selling 18% of his stake in the company while he was out pitching the stock to investors. On Feb. 26, he sold 300,000 shares at 19 3/16 for $5.8 million. He sold another 130,000 shares May 14 at 31 7/16 for a cool $4.1 million.

Now, with his stock price on the rocks, Martin is trying to stem the tide with a series of ballyhooed announcements, first with the appointment of the new CFO, then Monday, naming Thomas Clark to head up the newly created Ardes 2K unit. "It's just taken so long to find these kind of quality people," says Martin. "It's still early in the Ardes 2K process. But I still hope that we can meet our goals."

thestreet.com

Pancho



To: Roger A. Babb who wrote (7713)12/2/1997 8:37:00 PM
From: CalculatedRisk  Read Replies (1) | Respond to of 9285
 
Roger, I am sensing that another shoe is about to drop at ZITL. Jack King (63) and Zitel Director Catherine Lego (40) resigned from ETEC's board today. It doesn't look like it was because of age!
biz.yahoo.com
Notice how the PR does not mention Zitel? This is very curious <G>.
Regards, Bill