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To: Mighty Mizzou who wrote (58300)12/26/1998 12:57:00 PM
From: Bindusagar Reddy  Respond to of 61433
 
Mighty, everyone knows this insider selling for nearly 4 weeks now. No insider sales in December. This was rehashed several times by Bloomberg, DJ, WSJ etc. Doesn't it this sound like the work of Shorts desperate to cover. Mory still has more than 1 million shares of options he can exercise in future. Insider selling is not as significant as insider buying. LONGS, don't get rattled. This is 4 weeks old news. Why repeat it now.

BR



To: Mighty Mizzou who wrote (58300)12/26/1998 1:28:00 PM
From: JGoren  Read Replies (1) | Respond to of 61433
 
If the guy had gains of $4.35 million or so, that is a tax bill in the neighborhood of $1.4 million in ordinary income tax.



To: Mighty Mizzou who wrote (58300)12/27/1998 8:03:00 PM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
Another tech. story where insiders were poor timers of selling. This is a perfect example of insiders selling for reasons unrelated to fundamentals. Here is the link.
bloomberg.com


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