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To: Benny Baga who wrote (2048)2/26/1998 10:21:00 PM
From: g_m10  Respond to of 8545
 
I have the following insiders selling in the last two weeks:

Jay Whipple 200,000
Ken Benuento 35,000
James Moran 26,000
Thomas Camp 13,000
--------------------
total 274,000 shares


B.B.
Can you or anybody else find out how much options were exercised by insiders and was it the same insiders that sold shares? It is not unusual for insiders to sell shares to get cash for buying cheaper options.
P.S.Chances are Gary Craft downgraded stock after he saw insider sales numbers



To: Benny Baga who wrote (2048)2/26/1998 11:12:00 PM
From: Ga Bulldog  Read Replies (1) | Respond to of 8545
 
Guys,

Jay Whipple, Ken Benvenueto and Jim Moran have all left the company and are probably unloading their shares in order to diversify their portfolio. Nothing more and nothing less