Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (1298)	3/23/1998 10:30:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 2394

Ref: Insider ownership. Gerald, I don't know why this is but insiders of the company do not own heck of a lot of shares for whatever reasons and I have been checking this for the last couple of years periodically. It would have been certainly good if they did and I can't not come up any reason why they wouldn't as the percentage of ownership remained rather low even when the price was between $12.00-$18.00.One possible explanation is that they are hoping for options available to them at very low prices when the company start making some serious money in the not too distant future. According to information provided by NASDAQ as of Dec.31,97, 14 insiders owned a total of 416,000 shares which amounts to a meager 1.28% of the total shares outstanding. So if the recent sale is the only one between now and then,this would make 50K sales approx 12% of the total holdings. Here is the link, but needs Acrobat Reader. nasdaq.com