Houghten Pharm

Article Abstract:

Two executives of Houghten Pharmaceuticals recently purchased 60,000 company shares at $4.25 to $6.34 each. Former Chief Scientific Officer Ronald Tuttle bought 30,000 shares, bringing his common holdings to 18%, while Director and Beneficial Owner James Blair also acquired 30,000 shares. These insider buying activities seem to signal that Houghten stock is gaining momentum and rising beyond its basing pattern. Houghten Pharmaceuticals develops drug therapies.

Pharmaceutical Preparation Manufacturing, Pharmaceutical Preparations, Drugs, Houghten Pharmaceuticals Inc., HPIP

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SPI Pharmaceuticals Inc

Article Abstract:

Six officers of SPI Pharmaceuticals Inc. have sold a total of 213,397 shares of their corporation's stocks at prices ranging from $15.50 to $20.50 per share from Jan to Feb 1993. The extremely high insider stock disposition has been considered as a negative indicator of the feasibility of the firm in the near future. The company has a total of 17.6 million shares and manufactures over 600 prescription and non-prescription products.

Evaluation, Insider trading in securities, Insider trading (Securities), SPI Pharmaceuticals Inc.

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Belmac Corp

Article Abstract:

Belmac Corp is a researcher, developer and distributor of pharmaceuticals. The stock has declined from $13.50 to the $2 area since Aug 1992, and yet insider sales were noted at low prices. Three insiders got out of 75,281 shares from Feb 28 to Mar 30, 1993, as the price dropped from $4 to $2.94. Outsider sales have also escalated so a guarded outlook is recommended.

Commercial physical research, Belmac Corp.

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