Buy side activity: Computer Network Tech
Article Abstract:
Three executives of Computer Network Technology Corp. have reinforced the positive implications of the company's product development strategy in remote printing and imaging by purchasing company stock. Dir. Lawrence Perlman purchased 10,000 shares at $6.88 per share, his biggest open-market purchase across all 13 affiliations where he has been a filing insider since 1984. Meanwhile, Dir. Erwin Kelen increased his common holdings by 10% via the acquisition of 17,000 shares. Kelen averaged up from his 1995 open-market purchases of $4.50-$4.88.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1996
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Phoenix Technology Ltd
Article Abstract:
Phoenix Technology Ltd is a developer of system software compatibility products for personal computers. The stock traded as high as $10 in 1992 before plunging to the upper $3's. Insiders cleared out several shares during the decline. Three insiders cleared out 92,000 shares between Jan 28 and Mar 15, 1993, during a price drop from $5.25 down to $4.38. These insider actions suggest that a recovery is not expected in the near-term so caution is recommended.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Southern Electronics Corp
Article Abstract:
Southern Electronics Corp distributes microcomputers, computer peripheral products and cellular telephone products. The stock appreciated from the $7 area in Aug 1992 to the $17 area by late Jan 1993. Three insiders took advantage of the price climb by disposing of 103,375 shares from Mar 2-10, 1993, at the $15 level. Two of the sellers also cleared out 12,000 shares in Dec 1992. Caution is recommended.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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