To: joe wiles who wrote (9748 ) 7/19/1998 9:36:00 PM From: AgAuUSA Read Replies (2) | Respond to of 14328
<<These things are usually the kiss of death and, if they were sold to a certain group of European/West Indies loan sharks>> Unknown, but doubtful. The holders are described as a "private placement." Centocor may be the holder. I "vote" with my money where management "votes" with their money. I think this "nonsense" concern of an expectation by some that management purchase their shares in the "open market" is poppy cock!! I ask you, if you owned options for the purchase of XYZ Co would you exercise the options at a discount to the market implying good news is in the offing and the shares will go up? Or, would you wait to buy cheap shares on the open market knowing that good news was in the offing? Management wants these shares for investment purposes and will have invested a substantial $ sum in the investment. They will do all they can to make their investment as profitable to them as possible. They likely see good news on the horizon and bot shares thru the exercise of options knowing what that good news is. I plan to hold my shares and add to my position on weakness. 1997 Trinity Bio Annual Report, page 14: Insider holdings as of 12/97 (vs 12/96): Ronan O'Caoimh: from 135,000 to 905,000 shares ; 479,000 options avail Brendan Farrell: from 45,000 to 430,000 shares ; 436,875 options avail Jonathan O'Connell: from 60,000 to 460,000 shares ; 277,000 options avail Jim Walsh: from 0 to 500,000 shares ; 380,000 options avail Denis Burger: from 195,000 to 391,000 shares ; 239,000 options avail Da, why would 5 insiders purchase huge amounts of the cos stock? My "buy" orders are in. You want to sell on the cheap, go ahead. I will gladly buy your shares. And, thank you!!! Forget Dowman, ignore his ramblings, he's clueless. All is my Opinion. Consider it worthless. I am NOT a stock promoter or affiliated with this or any other public co. Good luck to ALL!!