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To: Avalon who wrote (9566)7/31/1998 9:47:00 PM
From: John Soileau  Read Replies (1) | Respond to of 10836
 
Avalon says: With respect to management making big profits...again..every shareholder who bought
in before mid Jan had the opportunity to also take big profits...they can blame no one
but themselves for not doing so

YES BUT...
The Carson picture then being painted (in garish red letters) certainly
kept the rapt believers glued to their seats. The Avalon picture at the time was extremely rosy, if not crimson red. Dissenting opinions
were immediately met with, uh, extreme prejudice on the thread. The fact that mgmt
exercised options and quickly sold off was explained away, or dismissed as signifying nothing.
It's easy now to glibly say "they can blame no one but themselves"
for not selling out along with Big MO, but lets not forget the context, eh?



To: Avalon who wrote (9566)7/31/1998 11:44:00 PM
From: charred  Respond to of 10836
 
Avalon, .....

The insiders sold their stock and made profits for themselves. The shareholder is the one who lost here. If you don't think it is important that management holds the stock, well that's your opinion. When I invest, I want to know what management's stake is. If they have their own money into, I would believe them more.