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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: George A. Roberts who wrote (5853)4/9/1999 3:34:00 PM
From: jelrod3  Read Replies (2) | Respond to of 8358
 
If a buyout was in the works, why would an insider be selling a total of 275,000 shares?

April 09, 1999 14:56

Cabletron Systems Insider Files To Sell 175,000 Shares (CS)

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(NewsTraders.com)-- Insider Details

Source: Form 144 released today by the SEC

Transaction: Proposed Sale

Company filed on: Cabletron Systems Inc. (CS)

Filed by: Piyush G. Patel and Tejal Patel

Filer's relationship to company: Affiliate

Number of shares: 175,000

Aggregate market value: $1,400,000

Approximate date of sale: 4/1/99

Company shares outstanding: 172,173,000

Broker: Donaldson Lufkin Jenrette

Note: The information used in this story is taken directly from the Form 144 filing, except for supplemental
information provided in parentheses, when applicable.

www1.newsalert.com

April 08, 1999 15:53

Cabletron Systems Insider Files To Sell 100,000 Shares (CS)

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(NewsTraders.com)-- Insider Details

Source: Form 144 released today by the SEC

Transaction: Proposed Sale

Company filed on: Cabletron Systems Inc. (CS)

Filed by: Piyush G. Patel Tejal Patel

Filer's relationship to company: Affiliate

Number of shares: 100,000

Aggregate market value: $800,000

Approximate date of sale: 4/6/99

Company shares outstanding: 172,173,000

Broker: Donaldson Lufkin Jenrette

Note: The information used in this story is taken directly from the Form 144 filing, except for supplemental
information provided in parentheses, when applicable.

Copyright 1999 NewsTraders Inc. All Rights Reserved 15:52 Thursday, April 08, 1999

www1.newsalert.com



To: George A. Roberts who wrote (5853)4/9/1999 5:05:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 8358
 
george--

actually its pretty typical..especially when the company to be bought is perceived to be in really bad shape. the conventional wisdom tends to be that no one would ever want them.

eh, who the hell knows...they are just rumors. however, the price IS too low.

one thing...there is a bull wedge on the chart. its the same type of formation that was present before the last run up to 10.

good luck to all,
trey