Friday, January 06, 2006

Barron's Online - Microsoft, Google Led '05 Insider Sales

Barron's Online - Microsoft, Google Led '05 Insider Sales: "Insiders, including co-founders Sergey Brin and Lawrence Page and chief executive officer Eric Schmidt, sold $1.8 billion (directly and indirectly) of Google shares in 2005. That was more than the $1.4 billion in sales in the entire Internet software industry in 2004, according to Thomson Financial.
'Internet software has done really well, and this has bought the insider sellers out in droves,' says LoPresti.
Yahoo insiders were no slackers, either. Top corporate executives like CEO Terry Semel sold $487 million in Yahoo stock in 2005."

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