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 : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?


To: Rashley who wrote (792)6/16/1998 10:51:00 PM
From: StocksUp100  Read Replies (1) | Respond to of 1670
 
RA,

Gibson may have exercised 200,000 options, but what really matters is what he did with them. Perhaps he put a collar on them - e.g., bought enough corresponding puts thereby locking in the current underlying value of the stock (and taking away the potential for upside). Noone really knows what his true exposure is with these shares.

SU100



To: Rashley who wrote (792)6/17/1998 10:49:00 AM
From: Dave  Respond to of 1670
 
Why do you assume he exercised options when the code was "J" (other)? Shouldn't the code have been an "M" (Acquisition by Exercise of Options) if this is what he did? What I see is 118,616 shares sold for over 6.7 million dollars over a ten day period by top insiders a month before the stock collapsed? It looks like they knew when to sell. I would like to know what the other 200,000 shares are. It says that they were acquired and disposed. What does disposed mean?