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To: Lynn who wrote (11180)3/11/1999 11:52:00 AM
From: Annette  Read Replies (1) | Respond to of 27722
 
=== First, they exercise their options to buy, then they turn around and sell the newly acquired shares. ===

Are they anticipating their new stock to be going UP soon? Hmmm.



To: Lynn who wrote (11180)3/11/1999 11:58:00 AM
From: ratan lal  Read Replies (1) | Respond to of 27722
 
Lynn. every share that is acquired by exercising an option increases the float. And the low float is what has been been driving the prices of shares of INUT companies.

Yes, any shares sold by the insiders (specially when they have sold over a million in a few months) makes me sick to my stomach. Its not as if their cash salaries are $5 per hour that they need the additional money to live on.


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