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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Ferrari who wrote (4980)3/25/1998 1:09:00 PM
From: All Mtn Ski  Respond to of 6980
 
Anyone see this:

Insiders at Star Banc have joined a broad selling trend in the last several weeks, but some top executives, like those at Bay Networks have resisted the urge to sell even as their shares lost value.
While the selling trend has gained momentum in regional banking and in other sectors, Gabele has been watching insiders' reluctance to sell at Bay Networks with great interest for the last several months.
Indeed, insiders and at least two former executives at Bay Networks, the third largest U.S. computer networking equipment
maker have exercised and held onto their non-qualified stock options even though they face a tax burden as a result.
As current and former insiders hold onto their shares even as the stock has sold off in the last five weeks, analysts see indications the share price will move higher.

infobeat.com