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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (6560)	1/10/1999 12:31:00 AM
From: Junkyardawg	Respond to of 90042

OK I will be back in a bit. :-)dawg

To: Glenn who wrote (6560)	1/10/1999 12:48:00 AM
From: Junkyardawg	Read Replies (2) \| Respond to of 90042

DD: Ticker: "MMCN" 52wk. low 7 3/4 52wk. high 34 1/4 Profile: Business Summary MMC Networks, Inc. is a developer and supplier of network processors - high-performance, open-architecture, software-programmable processors optimized for networking applications. For the nine months ended 9/30/98, revenues totalled $35.7 million, up from $14.3 million. Net income totalled $5.5 million, up from $557 thousand. Revenues reflect increased sales of the Company's AnyFlow5000 product family to new and existing customers. Earnings also reflect increased interest income. 52-Wk High: $34.25 52 Wk Low: $7.75 Mkt Cap: $533.4 mm Shrs Out: 30.0 mm Float: 7.5 mm 3-Mth Ave Vol: 503 k 10-Day Ave Vol: 489 k Short Int: 0.8 mm Inst Own: 38.1 % Insider Own: 75.0 % P/E (ttm): 95.4 Recommending (01/04/99) Strong Buy 1 Moderate Buy 2 Hold 2 Moderate Sell 0 Strong Sell 0 Current Average Recommendation (1.0=Str. Buy, 5.0=Str. Sell) 2.2 Last Week's Average Recommendation 2.2 Change in Average Recommendation 0.0 Inside trades The VP sold off about 143,000 shares last month. "ELMORE MARY JANE" in the last few months has disposed of her shares in the company. I did not bother to count but it was around 10 million. News: biz.yahoo.com I have no opinion. My gut says that it is trading at or near the high for some time. I must confess I do not like to see insider selling in a company. I know that there are good reasons for this but I have always said why would they sell now if the stock was going much higher? I would not buy at these prices. But much much much more research is required to make an informed decision. dawg