SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: jack rand who wrote (8442)3/4/1998 9:56:00 AM
From: George Bielski  Read Replies (1) | Respond to of 13594
 
stock now trading at the high of the day. Even on bad news the shorts will be squeezed. these big boys know the game well.



To: jack rand who wrote (8442)3/4/1998 10:23:00 AM
From: Paul Merriwether  Respond to of 13594
 
Rat's jumpin' ship ;>

An excerpt from WSJ:

interactive.wsj.com

AOL insiders have sold company stock fairly
regularly over the years, but Mr. Case's latest
transaction is larger than his typical sale, said Bob
Gabele, president of CDA/Investnet, a database
that tracks insider selling and buying patterns. He
said Mr. Case sold 333,500 shares in all of 1997.

The latest sale represents a 15% reduction in Mr.
Case's holdings of common stock plus vested and
unvested options, Ms. Primrose said. But Mr.
Gabele put the percentage at a much higher
36.9%, based on Mr. Case's common stock and
vested options. Options that have vested can be
exercised.

"It's a big block and it's difficult to interpret it as good news, but it also
probably isn't indicative that anything's wrong," said Henry M. Blodget,