| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 306.1 | | WME::MACOMBER | | Tue Apr 28 1987 11:58 | 14 |
| > William R. Johnson Jr. sold 5,703 shares for $170 each and
> now hold 156
> Richard Poulson sold 4,125 shares for $166.13 each and holds
> 256
> Harvey Weiss sold 2,000 shares for $170.88 each. He's left with 243
> shares.
I can't believe that these people each have less than 300 shares of
DEC Stock. I wonder if they were exercising Options ???
/ted
|
| 306.2 | | HYDRA::ECKERT | Jerry Eckert | Tue Apr 28 1987 12:23 | 2 |
| Maybe they know something we don't...
|
| 306.3 | | BEING::MCCULLEY | RSX Pro | Tue Apr 28 1987 13:01 | 18 |
| I don't know, they may think the same as I do - while Digital stock
may be a good investment, it makes good sense to spread your nestegg
among various baskets. Figure that those numbers indicate total
proceeds in the $300k to $900k range, with a good chance they represent
purchases made at significantly lower prices, and it may just be
a decision to lock in profits at an acceptable level.
My own accountant advised me to do so last fall by selling at $97/share
stock that I purchased in the open market at $85/share. Thankfully
I ignored his advice and recently cashed out for other purposes
- but it shows that an independent financial adviser considered
a $12/share profit (in 3 months!) to be enough. I would assume
that our top execs get options, etc. at a good price and probably
did much better.
Also, they may know that they have other options coming up in the
near future, so the holdings in the 200 - 300 share range may be
temporary low. Then again, they may not...
|
| 306.4 | Maybe they know something we don't | CAADC::MANGU | | Tue Apr 28 1987 14:07 | 5 |
|
I've heard rumors of a 3-1 stock split in June (before the end of
this fiscal year).
|
| 306.5 | HELP FOR ESOP | ALF::MAGID | | Tue Apr 28 1987 14:24 | 5 |
| .4
That would be nice, (I have heard the same rumor) however if would
be nicer if they announced it before the ESOP distribution so some
of us could decide what to do with the distribution.
|
| 306.6 | | FDCV03::CROWTHER | Harry Crowther US/DIS 223-1110 | Fri May 01 1987 09:54 | 6 |
| It's probably worth pointing out that corporate officers
are not allowed to sell stock any time they please. The
SEC regulates their trading. No doubt the current high
price on DEC stock is one factor, but *probably* this is
coincident with a period during which officers are allowed
to take some profits.
|
| 306.7 | There could be another side to it. | REGENT::MERRILL | Glyph, and the world glyphs with you. | Tue May 05 1987 09:38 | 6 |
| It is also standard practice for executives with Large stock Options
to finance the exercise (purchase) of such options by selling shares
they already own. The next prospectus should report their current
holdings.
RMM
|
| 306.8 | Here's the list from MIS Week | TSG::HATCHER | | Thu May 21 1987 17:02 | 21 |
| This is the list from MIS Week, April 27
Person Shares sold Shares left
================== ============== ===========
George Chamberlain 1,100 @ $161.50 5,089
Bill (BJ) Johnson 5,703 @ $172 156
Richard Poulson 4,125 @ $166.125 256
Grant Saviers 1,368 @ $165.625 1,158
Jack Smith 3,000 @ $169.125 49,764
Donanto Infante 1,200 @ $170. 1,779
Richard Yen exercised option for 180 shares at $7.83/sh, still holds
19,544 shares
It bothers me that a guy like BJ pulls almost a million dollars
out of the company. As they say, he can drink any kind of beer
he wants.
Bob
|
| 306.9 | Retire to the South Seas | DACT6::COLEMAN | Illegitimi non Carborundum | Thu May 21 1987 17:12 | 3 |
| Geez, imagine if Jack Smith sold all of his shares...
Perry
|
| 306.10 | What's influencing stock price now? | YUPPIE::COLE | I survived B$ST, I think..... | Fri May 22 1987 10:29 | 4 |
| Today a more pressing question is why the stock has lost 20 points
over the last few weeks. Is there some market factor related to the
approaching stock plan buy date? I haven't heard any financial gurus
bad-mouthing us.
|
| 306.11 | Discussed Elsewhere | SDSVAX::SWEENEY | Pat Sweeney | Fri May 22 1987 11:02 | 1 |
| Dicussion of DEC's stock price in BMT::INVESTING
|
| 306.12 | Just blowing in the breeze | CHFV03::REDER | A bird in the hand is worth 2 in the catalog | Sun May 24 1987 13:08 | 8 |
| re .10
On the 22nd DEC was 'highly' recommended as a buy and the price
jumped up over 5 points. DEC's a weathervane for the market which
also dropped over 'the last few weeks'.
Jim
|