Legent Corp
Article Abstract:
Legent Corp provides productivity enhancement software and develops and markets other software products applicable to data processing management. The stock shed 2 3/4 points last Feb 26, 1993, closing at $44.75. Seven insiders sold 383,733 shares on Feb 1993, in addition to the 1.1 million shares which were disposed of since Nov 1, 1992. The amount of distribution has also been very evident since late 1992. The stock might not perform well enough to the liking of holders.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Electronic Arts Inc
Article Abstract:
Electronic Arts Inc develops and distributes interactive entertainment software for computer hardware. Insiders turned to options in late 1992 only to resist from selling their shares at the $40 level. The stock appreciated to $53 before another decline. Nine insiders, however, managed to disposed of 365,584 shares at the $43.50 to $48.13 price range before the drop. The insider selling was relatively substantial, historically speaking.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Oracle Systems Corp
Article Abstract:
Oracle Systems Corp develops portable software with cooperative-server technology. Five insiders cleared out 212,000 shares last Nov and Dec 1992 at the $22.75 to $27.75 area. The sales represented a large part of their stakes but the tax factor partly explained the actions. However, three insiders disposed of 107,000 shares in Jan 1993 at an average price of $30.81 so the tax factor was negated. A guarded outlook is suggested.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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