General DataComm Industries
Article Abstract:
General DataComm Industries Inc makes data communication networking equipment. The stock appreciated substantially from $4 in Nov 1992 to more than $10 in Jan 1993 but insiders did not capitalize on the rise. Three insiders disposed of 40,486 shares last Jan and Feb 1993 at the $8 to $10 price range. VP Dennis J. Nesler led the sellers with the disposal of 26,299 shares. Caution should be exercised considering the insider selling amidst a growing stock.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Network Equipment Technologies
Article Abstract:
Network Equipment Technologies Inc stock appreciated from $10 to $15 in Sep 1992. The issue, however, declined immediately after the rise and settled at the $9 to $10 level. Three insiders cleared out 31,000 shares in late Oct to early Nov 1992 at the $11 area probably because of the forthcoming earnings report. The sellers made their moves despite an negative reaction of the issue on the news. Caution is suggested for the moment.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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