April's Shower of Insider Selling, The Telecomm Analyst News.Business Editors NEW YORK--(BUSINESS WIRE)--June 5, 2000 Eight insiders sold a combined 89,789 shares of Bell Atlantic (NYSE NYSE See: New York Stock Exchange :BEL) between March 6 and April 28, 2000, at prices ranging from $54.88 to $61.81. Eckhard Pfeiffer, Compaq's (NYSE:CPQ) former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , sold 20,000 shares; Shirley Young sold 10,000 shares and Rozanne L. Ridgway Rozanne L. Ridgway (born August 22, 1935 in Saint Paul, Minnesota, served 32 years with the U.S. State Department, holding several posts, including ambassador to Finland and to East Germany, and finished her career as assistant Secretary of State for European and Canadian Affairs. sold 7,000 shares. Between April 10 and 13, a group of 11 insiders sold a total of 3.9 million shares of Global Crossing (Nasdaq:GBLX GBLX Global Crossing Ltd. (stock symbol) ) at prices ranging from $31.00 to $33.20 a share. Over the past year, RF Micro Devices RF Micro Devices (NASDAQ: RFMD) is a manufacturer of integrated circuits, founded in Greensboro, NC, in 1991 by William J. Pratt, Powell T. Seymour and Jerry D. Neal.[1]. (Nasdaq:RFMD RFMD RF Micro Devices (NASDAQ) RFMD Rotary Fluid Management Device ), a leading manufacturer of integrated circuits for wireless equipment, has been one of the best-performing stocks in the telecom sector, rising to a high of $175 on March 3, 2000, from around $20 last May. Four insiders sold a combined 228,727 shares of Net2Phone (Nasdaq:NTOP) from April 4 to 14 at between $45.00 and $55.50 a share. To find out more about this week's Insider Trading Alert, read the article in Multex.com's The Telecomm Analyst(sm), http://www.telecommanalyst.com/individual/000530sections/tradealert.asp
Companies profiled:
Bell Atlantic (NYSE:BEL)
http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=bel
Compaq (NYSE:CPQ)
http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=cpq
Global Crossing (Nasdaq:GBLX)
http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=gblx
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