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To: Biotech who wrote (2472)5/14/1998 12:07:00 PM
From: Mark Oliver  Read Replies (2) | Respond to of 3029
 
Do us all a favor and make a link to list the selling, or post it.

I made a post a while back that said if you had the original shares issued, you'd be up about 500,000%. In fact, it was amoung the 10 best returning stocks of the period in review. That would probably mean a few of the people you are saying are selling have so much gain they are not selling for short term reasons. While they probably hate to loose a point or even 10 like you and me, they certainly have a big profit. In fact the cap gains would probably be a big deterent to selling. So, I would suspect as usual people want to buy houses, and diversify their holdings which is only a responsible action. I know Doug Keller, CFO, just had twins. People want to buy things.

Without knowing who's selling and what, it's hard to make any opinion. Anyway, the majority of insider sales are meaningless.

Regards,

Mrk