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TonyMcFadden

07/07/04 11:51 AM

#41573 RE: HhH #41572

If it belongs on the Wavx board, by all means, post it there, hhh...
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HhH

07/07/04 11:59 AM

#41574 RE: HhH #41572

The point being...

that Feeney & Sprague were far from the only members of management to dump into the rally. My guess is it was company-wide, a virtual free-for-all of options exercises and concurrent stock sales, all of which was rationalized by the argument that the exercises brought cash to the company. The excuse of AMT pitfalls to forgive the selling is just another rather obvious example of Steven's disingenuous tendencies. Certainly any person with access to spreadsheet software and an elementary understanding of algebra could calculate what proportion of the shares acquired needed to be sold to satisfy the tax requirements.