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CEO Viacom (owns CBS) dumps stock--hummm, something up?

 
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WSue
Seaman Recruit


Joined: 11 Sep 2004
Posts: 19

PostPosted: Sun Sep 19, 2004 8:05 pm    Post subject: CEO Viacom (owns CBS) dumps stock--hummm, something up? Reply with quote

Go to www.lucianne.com to read article from the Must Read column for Sunday 9/19 about CEO dumping stock. Now what would cause such a thing??? (grin)

Sue
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cipher
Vice Admiral


Joined: 10 Aug 2004
Posts: 902

PostPosted: Sun Sep 19, 2004 8:09 pm    Post subject: Reply with quote

I'd raTHer not speculate....

But, CEOs dump stock as fast as the law allows every quarter, as a rule. They are into their options for pennies, and cash out for dollars. Perfectly normal.
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CTW
Rear Admiral


Joined: 10 Sep 2004
Posts: 691

PostPosted: Sun Sep 19, 2004 8:49 pm    Post subject: Reply with quote

Thanks Sue. Oh this is not good for CBS, Rather, et al. Too bad; they deserve it and more. (or is that moore)
I am thinking it is beyond quarterly takings. Watch the institutional investors to see if the big boys recognize a swiftly sinking boat.
Watch the stock shows this week. CTW

Never Ever Kerry
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