Precision Castparts Corp
Article Abstract:
Precision Castparts Corp manufactures structural metal castings, commonly used in the aircraft and aerospace sectors. The stock has declined from the $43 area in early 1991 to the $17 area in Jan 1993. It was noted that three insiders sold 1,005,180 shares in Feb and Mar 1993, when the issue was trading at the $21.38 to $23.50 range. Chmn Edward H. Cooley was the largest seller with 1,000,000 shares sold, a significant increase from his annual sale average. Caution is recommended.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Galveston-Houston Co
Article Abstract:
Galveston-Houston Co makes industrial machineries. Chmn Nathan M. Avery cleared out 20,000 shares from Dec 3 to Dec 11, 1992 at $3.88 per share. A group sale of 1,023,252 ensued last Dec 23, 1992 at $3.63. The group, which included Dir Hamilton Robinson, sold their entire stakes. The reasons behind the sales are unknown but the timing of Avery's and the group's actions calls for caution in the coming months of 1993.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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BWIP Holding Inc
Article Abstract:
BWIP Holding Inc provides advanced technology fluid transfer and control equipment, systems and services. The stock failed to break through the $30 level in Jan 1993 before declining to $25.13. Three insiders cleared out 56,000 shares when the price bounced to the $27 level, a definite indication of lack of insider confidence at that level. As of mid-Apr 1993, the stock has already dropped back to the $25 area.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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