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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Shop 'Til You Drop
Thursday, June 26 2003 @ 05:34 PM EDT



If you would like to follow all the buying and selling of SCO stock by SCO execs, mostly selling, go here. I did, and here is what has happened in June:

Senior VP Reginald C. Broughton sold 5,000 shares at $11.08 per share, proceeds of $55,400 on June 20

Darl McBride bought 7003 shares at price 0.001 on June 13.

VP, Finance Michael P. Olson sold on 6/11/03 6,000 shares at around $8.60 a share

Jeff F. Hunsaker, VP, Int'l Marketing, sold on 6//6/03 5,000 shares at 8.9

Bawa Opinder, VP Global Services, sold on 6/3/03 all his stock, 15,000 shares, at 6. On 6/4 Opinder bought 15,000 shares at 1.2 and sold 15,000 shares at 6.6

On 6/9 CFO Robert K. Bench bought 4,000 shares at 9.16 and sold 200 at 9.19, 500 at 9.201, 400 at 9.2, and 1900 at 9.3.

I am showing all this info, because according to some Slashdotters, Yahoo and MSN aren't showing the complete list, even though they used to. I went to the sites to see for myself, and sure enough, it's true that not all the information is there. Whether it used to be there I was unable to verify. Compare and contrast the above info with Yahoo!, which shows only one trade and MSN's MoneyCentral, which is also incomplete.


  


Shop 'Til You Drop | 5 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
radiocomment
Authored by: Anonymous on Thursday, June 26 2003 @ 03:35 PM EDT
Totally off-topic, and hardly as important as the great info you are presenting,
but that bird shopping picture made me laugh out loud. Something about the
"tone" of the pics you find make the text just that much more fun to read. style="height: 2px; width: 20%; margin-left: 0px; margin-right: auto;">Nick

[ Reply to This | # ]

radiocomment
Authored by: Anonymous on Thursday, June 26 2003 @ 04:26 PM EDT
Robert Bench also appears here http://www.sec.gov/Archives/edgar/data/1102542/0001102542030000 13/xslF345/primary_doc.xml - date 5/9. Both 5/9 and 6/9 are according to footnotes related to 10b5-1 plan. I found these links describing 10b5-1 http://www.troygould.com/Tr adingPrograms.html http://www.law.uc.edu/ CCL/34ActRls/rule10b5-1.html
S Tanna

[ Reply to This | # ]

radiocomment
Authored by: Anonymous on Thursday, June 26 2003 @ 04:31 PM EDT
Regarding last paragraph. I am sure Yahoo used to show more info - I saw it. I
don't know whether it was all the info or not - but it was definitely more than
just 1 line which I currently see (June 20 transaction). As for MSN, I don't
know if they used to show more info or not.
S Tanna

[ Reply to This | # ]

radiocomment
Authored by: Anonymous on Thursday, June 26 2003 @ 05:28 PM EDT
Thanks Nick. Encouragement is nice.

S Tanna: pls. send me an email with what you think this all means. If you want to. I'd be interested to see the thread you are following. The links are very helpful. thanks.


pj

[ Reply to This | # ]

radiocomment
Authored by: Anonymous on Thursday, June 26 2003 @ 07:24 PM EDT
I'm just reading and trying to comprehend, the various filings, and web pages. I think that I understood most. I also happened to notice when different sites seem to have different info - I have absolutely no idea why this might be.

There is no particular thread that I'm following. I've been reading your site, enjoying it - and in general, I'm just observing and collecting info on what's going in this story in general. It's a fascinating case, and learning about it is highly educational in itself.

The reason that I mentioned a May stock transaction, is you were talking about stock transactions, and I assumed you meant since the issue began. And it's my understanding is that the case and 100 day countdown began in March.

As for 10b5-1, I'm not sure if I fully understood the links, but I think it is just a legally safe method to trade stock (in a company you're involved with) by planning trades in advance - as you wouldn't be trading on information that is not available to the public. Is that right?


S Tanna

[ Reply to This | # ]

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