I was a few days behind in my reading, so I just got to this tonight, hopefully not too late. The drop today brought it back to 5.625 on above average volume.
"TYL is definitely a buy right now."
I sent a msg to Carolyn r.e. TYL about a month ago. There is a lot of insider selling. Below are excerpts from FORM 13D's picked off of FreeEdgar. The first is from Nov, and the second from late Dec. All told, in the last 3 months, there were 469,700 shares sold, and none bought, by insiders. That's about 8,000 shares/trading day.
CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19971121 SROS: NYSE
SUBJECT COMPANY:
COMPANY DATA: COMPANY CONFORMED NAME: TYLER CORP /NEW/ CENTRAL INDEX KEY: 0000860731 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] IRS NUMBER: 752303920 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231
FILING VALUES: FORM TYPE: SC 13D/A
SCHEDULE II INFORMATION WITH RESPECT TO TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1) SHARES PURCHASED AVERAGE DATE SOLD(-) PRICE(2) COMMON STOCK-TYLER CORPORATION THE GABELLI PERFORMANCE PARTNERSHIP 11/06/97 9,500- 5.4079 10/23/97 8,000- 5.0156 10/22/97 6,000- 5.1885 10/21/97 10,700- 5.3750 10/17/97 23,300- 5.2897 10/16/97 4,800- 5.6250 GABELLI INTERNATIONAL LTD 10/14/97 10,000- 5.6675 10/13/97 42,000- 5.4494 GABELLI FUNDS, INC. THE GABELLI SMALL CAP GROWTH FUND 11/19/97 2,000- 5.6373 11/10/97 6,500- 5.4210 10/21/97 500- 5.3248 10/15/97 13,000- 5.5460 10/14/97 15,000- 5.5748 10/10/97 5,000- 4.2624 9/30/97 3,300- 3.3249 GAMCO INVESTORS, INC. 11/07/97 5,000- 5.1875 11/06/97 5,000- 5.3750 10/21/97 5,000- 5.3750 10/20/97 6,000- 5.3646 10/17/97 3,000- 5.2500 10/16/97 21,000- 5.5113 10/15/97 5,000- 5.6125 10/14/97 8,000- 5.5625 10/13/97 2,000- 5.5000 10/10/97 3,000- 4.8750 10/08/97 7,600- 3.6250 10/07/97 6,400- 3.6445 10/06/97 1,500- 3.6250 10/03/97 1,100- 3.5000 9/26/97 4,500- 3.5625 9/25/97 2,000- 3.7500 9/23/97 1,000- 3.5000
TYLER CORP /NEW/ SC 13D/A Filing Date: 12/29/97
TYPE: SC 13D/A SEQUENCE: 1 DESCRIPTION: AMENDMENT TO SCHEDULE 13D
SCHEDULE II INFORMATION WITH RESPECT TO TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE DATE SOLD(-) PRICE(2)
COMMON STOCK-TYLER CORPORATION
THE GABELLI PERFORMANCE PARTNERSHIP 12/11/97 7,500- 5.2500 GABELLI FUNDS, INC. THE GABELLI SMALL CAP GROWTH FUND 12/19/97 25,000- 5.4498 12/18/97 6,200- 5.5123 12/18/97 65,000- 5.4546 12/17/97 6,800- 5.4498 12/09/97 5,000- 5.4498 12/08/97 1,200- 5.5748 GAMCO INVESTORS, INC. 12/24/97 9,400- 5.4375 12/18/97 10,000- 5.5625 12/17/97 35,200- 5.5000 12/16/97 6,000- 5.5625 12/12/97 2,000- 5.1875 12/11/97 12,000- 5.0000 12/05/97 12,000- 5.5938 12/04/97 4,900- 5.3023 12/03/97 1,900- 5.1875 12/02/97 2,800- 5.3393 11/28/97 1,600- 5.2500 11/26/97 1,600- 5.2500 11/25/97 7,200- 5.1684 |