Intl. Business Machines
Article Abstract:
Investors are cautious about the IBM issue but significant insider actions are hard to ignore. Officer/Dir Paul Rizzo's acquisition of 5,000 shares at $50 represents good signals for the stock. Rizzo's purchase was his 1st ever since serving as a director in 1984. He disposed of 8,000 IBM shares in 1985 at $129.38 each. Rizzo is also affiliated with seven other large corporations and he has not even traded in the open market in these issues since 1988. His purchase, therefore, deserves more than a casual consideration.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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This reversal made our heads spin
Article Abstract:
Insider selling of Micrografx Inc shares was observed during the the latter stage of 1992. Six insiders, however, reportedly accumulated 13,225 shares also in Dec 1992 at the $8.50 to $9.25 price range. All purchases were made by corporate officers. Accumulation made amidst insider selling is unusual so the connotation of the earlier sales should be reconsidered. Bargain hunters are advised to refrain from any actions until the price has approximated the insiders' buying level.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Apple Computer Inc
Article Abstract:
Apple Computer Inc designs, makes and sells personal computers and peripherals. Five insiders, including Pres John Scully, disposed of 118,700 shares between Jan 21 and Feb 5, 1993 without any logical explanations. Price activity might not have prompted the sales since the sellers did not move when the price was still at the $58 to $59 range in Nov and Dec 1992. The insiders sold at an average og $60.17.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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