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To: babette spatz who wrote (2720)12/30/1997 11:08:00 AM
From: Ian@SI  Respond to of 8358
 
Babette,

Sounds a lot more like "business as usual" than fraud. Introduction of new products is seldom a straightforward process in which 100% yields occur on day 1 of the product's life.

Insiders, in recent years, receive a large proportion of their income in stocks or options. To live, in the style to which they are accustomed, insider selling is a fact of life.

With the class action suits, the law firms get very rich. And guess at whose expense? If you guessed yourself, the shareholder, you're right. The law firms, like thieves, steal money (figuratively speaking) right out of your pocket at a time when Management's attention would be best devoted to the business rather than fighting off a frivolous law suit.

So, if you believe in kicking your company while it's down, Sign.
You won't get any money, but it may give you a perverse sense of satisfaction that some lawyer is spending what could have been your return.

JMHO,
Ian.



To: babette spatz who wrote (2720)12/30/1997 12:00:00 PM
From: DAVID FRAILEY  Read Replies (3) | Respond to of 8358
 


As you can see Levine sold the majority (about 3.5 million) during and
after he resigned. Probably because he could-
------------------------------------------------------------------------
ROBERT LEVINE AFFILIATE Sell 500,000$32 10/17/97144S
ROBERT LEVINE AFFILIATE Sell 200,000$33 10/17/97144
MICHAEL D MYEROW DIRECTOR Sell 10,000$34 09/26/9710/16/974S
ROBERT LEVINE Sell 2,000,000 $209/24/9710/16/974
DAVID J KIRKPATRICK DIRECTOR Sell 14,000 $34 09/24/97 10/16/974S
ROBERT LEVINE SHAREHOLDER Sell 500,000 $3210/11/97144S
ROBERT LEVINE AFFILIATE Sell 500,000 $3210/07/97144
MICHAEL D MYEROWDIRECTOR Sell 28,000$3409/30/97144
DONALD F MCGUINESS DIRECTOR Sell 5,000 $3007/09/9709/04/974
DONALD F MCGUINNESS DIRECTOR Sell 15,000 $3007/08/9709/04/97144
MICHAEL D MYEROWDIRECTOR Sell 14,500 $3307/03/9709/04/974
CHARLES J HORNEDIRECTORSell32,118$907/02/97 08/28/974S
ROBERT LEVINE OFFICER AND Sell 451,000$2806/30/9708/01/97144S
ROBERT LEVINE CHILDREN'S TRUSTSHAREHOLDERSell 150,000$3006/27/9707/23/97
144S
ROBERT LEVINEOFFICER Sell 517,000$3006/27/9707/23/9714
THE LEVINE FAMILY CHARITABLE TRUSTSHAREHOLDER Sell100,000$3006/27/9707/23/97144