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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Rob Riordan who wrote (7341)11/11/1998 4:04:00 PM
From: Arthur Maroney  Respond to of 18016
 
Officers of Newbridge are restricted from selling stock most of the year. These restrictions limit the sale of stock to a short period in the middle of the fiscal quarter. They are not allowed to take advantage of inside information or leaks that happen around end of quarter announcements. Terry is protecting himself from the Fed by selling at regular intervals, whether or not the price is high.