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To: E_K_S who wrote (1644)7/23/1998 8:48:00 PM
From: Baker  Read Replies (1) | Respond to of 1820
 
Eric, looks like the majority of the stock that was acquired by insiders was through obtained through a "plan." I'm not certain but I wonder if the company also financially supported these purchases? The rest appear to have been obtained via options which I imagine would have expired if not exercised though I could be wrong on that point.

No, the insider purchases would not be a part of the company's buy back. And, furthermore, they would be prohibited from trading based on insider information. I would imagine the general guidelines are the same as for the company (one week before the quarter ends until two or three days after the earnings - or in this case, lack thereof, are announced).

Nonetheless I think the fact that there wasn't a lot of selling by insiders is a positive in the long run.

Take care.