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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: micromike who wrote (3093)2/6/1998 10:19:00 PM
From: micromike  Respond to of 18016
 
Insider trading disclosure a joke
theglobeandmail.com
When contacted yesterday, a Newbridge spokesman explained that the CEO has not in fact sold any stock, so he took a hit with fellow investors this week. And the spokesman pointed out that 300,000 shares represent less than 1 per cent of Mr. Matthews' 42-million-share stake in Newbridge.When contacted yesterday, a Newbridge spokesman explained that the CEO has not in fact sold any stock, so he took a hit with fellow investors this week. And the spokesman pointed out that 300,000 shares represent less than 1 per cent of Mr. Matthews' 42-million-share stake in Newbridge.
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I'm sure TM would have had zero credibility as Cowpland presently enjoys if he had sold before the warning.

Mike