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Technology Stocks : Business Objects (BOBJ) - any followers??? -- Ignore unavailable to you. Want to Upgrade?


To: StormRider who wrote (563)6/5/1998 3:52:00 PM
From: Sultan  Read Replies (1) | Respond to of 1150
 
>>> But, of course, co-founder Denis Payre just sold 800,000 (of his 1.3mm) shares @$17.25 because he feels that BOBJY is resurging. <<<<<

This and other insider selling started the downward drift after they touched 20. Until next quarter it will probably be under pressure. The above is from Cognos thread. The sector is under a bit of pressure until quarterly earnings.