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Insiders sold for tax purposes?

Posted Aug 14, 2003 16:45 UTC (Thu) by walterbyrd (guest, #11620)
Parent article: SCO's earnings report

from a post on yahoo message boards:
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McBride and flunkies stated that the insiders who sold did so because they were forced to.

that is, in order to cover their tax liability for their options.

I suppose that is true of the upcoming sales as well.

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