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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: NewsTrader who wrote (15990)8/13/1998 11:03:00 AM
From: J. P.  Read Replies (2) | Respond to of 77400
 
<Cisco Systems (CSCO) Chairman John Chambers registered to sell 390,000 common shares for about $38,511,486.>

Hey, maybe he needs a new car, wife wants to redecorate the house,
kids need to pay for college....



To: NewsTrader who wrote (15990)8/14/1998 10:44:00 AM
From: NewsTrader  Respond to of 77400
 
(Newstraders) -- Cisco Systems (CSCO) Executive VP Donald Listwin filed to sell 190,000 common shares for about $18.7 million.



To: NewsTrader who wrote (15990)8/15/1998 7:42:00 PM
From: StockMan  Read Replies (6) | Respond to of 77400
 
Re -- Cisco Systems (CSCO) Chairman John Chambers registered to sell 390,000 common shares for about $38,511,486...

This is about 1/3 of Mr chambers Cisco holdings. Looks like THE MAN is BAILING OUT in a HURRY (this is not for kids education, new house etc..). Also other VP's are BAILING OUT TOO.

It could be because they have finally realized the GAME is OVER, and Cisco will soon be like 3Com.

This is UNPRECEDENTED. Maybe Erik will wind up having to SELL and pay TAXES after all!!