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wash68

06/07/07 3:39 PM

#146016 RE: Architect #146012

This needs to be asked at the SHM. There's no reason they shouldn't be buying unless they don't believe in the company. JMHO.
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24601

06/07/07 3:59 PM

#146017 RE: Architect #146012

As you may know, I would like to see Wave's insiders have a lot more real skin in the game.

Still, I'm compelled to point out two positive facts about insider buying that seem to get lost in the footnotes:

--- The CEO has acquired 58,351 shares of Class A Common Stock through Wave’s employee stock purchase plan.

--- The CFO has acquired 45,265 shares of Class A Common Stock through Wave’s employee stock purchase plan.

In addition, McConnaughy bought something like 100,000 shares on the open market some time within the past couple of years.