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Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Turetzky who wrote (4725)2/17/1998 11:36:00 AM
From: WTC  Read Replies (1) | Respond to of 5812
 
PCTV has had a rough month of February, too. Trading @$.75 today. Tough time for the MDS industry, but it leaves one wondering where PCTV raised $20 mil for the LMDS auction. "Other Peoples' Money"? Or a last ditch move to an expensive, complementary(?) wireless strategy?



To: Ken Turetzky who wrote (4725)2/17/1998 9:52:00 PM
From: VanGo101  Read Replies (1) | Respond to of 5812
 
About the insider selling...James P. Ashman sold 40,000 shares, but kept 92,990, apparently. If he sold the 40,000 shares because the ship was sinking, why didn't he sell all of his shares? Should his keeping 92,900 give us any encouragement?? Or, is it possible that since Jan. 12 he might have sold the rest of his shares, and it has not had time to be reported yet?

Jared Abbruzzese did not sell his 1,112,552 shares yet, or if so, not reported yet. Surely he would know if the ship was sinking, so why did he not sell his shares? Are his shares subject to loss in a Chapter 11?

Again, is there any reason for encouragement here?

VanGo101...Van