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Technology Stocks : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (217)4/8/1999 6:13:00 PM
From: Sun Tzu  Respond to of 284
 
>> Insider trades on Yahoo! shows Siebert has sold in several accounts she controls.

The actual number of sales is very small. What you see there is plans to sell shares in 20,000 increments. That means that even if she was going to sell all the shares that she plans, they would not be dumped on the market in a suden burst. Anyway, the entire planned sales this year by her is ~100k which is very little compared to the 20 million shares that she holds. Also, since those plans are more than a month old, it is possible that she has already sold them and is now done with selling, hence the rally.

ST