Komag Inc

Article Abstract:

Komag Inc is the top independent supplier of sputtered, thin-film, high-capacity data storage disks. Six insiders disposed of 51,240 shares at the range of $21.75 to $23.75 last Mar 1993. The significance of the sales lies in its similarity with the Dec 1992 sales prior to Pres Bill Clinton's proposed tax reform. Four of the sellers last Mar 1993, however, sold more shares than they did last Dec 1992. The timing of the sales is commendable as the price have since declined to the $17 level.

Magnetic and optical recording media, Komag Inc.

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Seagate Technology

Article Abstract:

Seagate Technology designs and makes rigid magnetic disc drives for small computer applications. The stock aprreciated to $22.38 from its Sep 1992 low of $12 prior to going to the $18 level. Six insiders reportedly disposed of 165,380 shares of which 125,382 were cleared out in Jan 1993. The volume of selling last Jan 1993 suggests that a guarded outlook should be given to the stock valuation.

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Seagate Technology

Article Abstract:

Four officers of Seagate Technology Inc have sold a total 261,175 shares of their corporation's stocks in the last three weeks of Feb 1993 at depressed market prices ranging from $18.38 to $15.38 per share. The trading activity came after after a 165,000 stock disposition after the 1992 year-end stock rally and signals lower stock prices for the magnetic disk drive manufacturer.

Evaluation, Insider trading in securities, Insider trading (Securities)

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