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Re: [News] IBM Execs dump million$ of stock. Company BORROWS BILLIONS to cover.

  • Subject: Re: [News] IBM Execs dump million$ of stock. Company BORROWS BILLIONS to cover.
  • From: Hadron <hadronquark@xxxxxxxxxxxxxx>
  • Date: Sun, 06 Jan 2008 18:41:47 +0100
  • Bytes: 3629
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Jerry McBride <jmcbride@xxxxxxxxxx> writes:

> Abdul Catrell wrote:
>
>> 
>> IBM Execs dump million$ of stock. Company BORROWS money to cover.
>> 
>> I.B.M. Borrows $11.5 BILLION to Buy Back Stock
>> By THE ASSOCIATED PRESS
>> Published: May 30, 2007
>> I.B.M. disclosed yesterday that it was taking on $11.5 billion in debt to
>> finance an acceleration of its stock repurchase plan, which the company
>> believes is one of the largest such steps ever.
>> 
>>
> http://www.nytimes.com/2007/05/30/technology/30ibm.html?partner=rssnyt&emc=rss
>> 
>> 
>> INSIDER TRANSACTIONS REPORTED
>> Date Insider Shares Type Transaction Value*
>> 21-Nov-07 DANIELS MICHAEL E
>> Officer 1,466 Direct Option Exercise at $51.16 - $51.16 per share.
>> $75,0002 21-Nov-07 MOFFAT ROBERT W JR
>> Officer 18,446 Direct Option Exercise at $51.16 - $51.16 per share.
>> $944,0002
>> 21-Nov-07 MOFFAT ROBERT W JR
>> Officer 18,446 Direct Sale at $102.74 - $102.89 per share. $1,897,0002
>> 19-Nov-07 PALMISANO SAMUEL J
>> Officer 120,000 Direct Option Exercise at $51.16 - $51.16 per share.
>> $6,139,0002
>> 19-Nov-07 PALMISANO SAMUEL J
>> Officer 85,000 Direct Sale at $104.40 - $104.71 per share. $8,887,0002
>> 
>
>
> Abdul Catrell just went through a lot of trouble to post the above message.
> According to a groups.google.com search, he never, ever posted a usenet
> message... in fact... a web search of "abdul catrell" in google.com turns
> up Zero matches...

Did you try http://iuron.com/search/ ?

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