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 : RadiSys Corp -- Ignore unavailable to you. Want to Upgrade?


To: Tnsplyr who wrote (1207)3/26/1998 3:40:00 PM
From: Burt  Read Replies (2) | Respond to of 1472
 
OK, it's time to try to consider what's going on. First off, my message (I think #1191) indicated that Myers et al weren't dumping stock. As of new info today (and in light of RSYS at 32 and something), I'm wrong. In February, Myers and other executives sold 7,834 shares of stock directly for 28-37.63 per share, and transferred another 6466 shares indirectly. Add to those facts that Tektronix usually unloads about a quarter of a million shares on the market in April and May.

That would lead one to believe the RSYS execs know there are going to be no earnings surprises on the up side to deter Tektronix from selling, so they're cashing out to some extent. (Also, remember, no insider has bought any stock since April of '97.)

It would appear things are not exactly looking up.