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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Charlie Schultz who wrote (8950)3/20/1998 9:20:00 AM
From: Robert Lawkins  Read Replies (1) | Respond to of 13594
 
I may be incorrect but I believe that Case sold 50% of his holdings. Many of the insiders sold their entire position or a large majority of it.



To: Charlie Schultz who wrote (8950)3/20/1998 9:31:00 AM
From: Yikes  Read Replies (1) | Respond to of 13594
 
500,000 shares at almost $130 per, that's $65 million... As of yesterday's close, it would have worth $2 million less. He made a smart move selling.

How many shares does he own now? Anyone knows for sure?



To: Charlie Schultz who wrote (8950)3/20/1998 11:46:00 PM
From: Tim Kenney  Read Replies (1) | Respond to of 13594
 
>If I remember correctly this was such a small % of his
total holdings that it was probaly not significant. I do
feel the MCI/Yahoo deal may be a threat.<

Actually, I believe this one represented over 10% of his holdings, as it did with many of the other insiders selling. Not to worry, they are giving themselves more options as we speak.


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