As long as we are talking about Peregrine, just came across this fun article about Service-Now ...
Peregrine II? ServiceNow insiders, including Moores, dumping shares Former Peregrine insiders Moores, Noell, Luddy jettisoning stock quickly Top of Form 10 Bottom of Form Don Bauder <http://www.sandiegoreader.com/staff/don-bauder/> , April 3, 2013 Richard Pearson of Seeking Alpha has an excellent story, dated April 1, on massive insider selling at San Diego's ServiceNow, an information tech company that went public last summer. "ServiceNow insiders have now sold over $400 million of stock, even after its [Initial Public Offering]" in which insiders also dumped shares. Just in the past eight weeks, insiders have sold $80 million of shares, notes Pearson. "In the past, ServiceNow directors and management, including founder Frederic Luddy and directors John Moores and Charles Noell, were big early sellers of their previous venture, Peregrine Systems," which was one of San Diego's largest financial frauds. "They pulled in over half a billion dollars from sales of stock -- even though these sales had occurred during RESTRICTED PERIODS designed to prevent selling by insiders." Luddy has already dumped $12.7 million worth of ServiceNow stock, Moores $20.6 million and Noell $9.1 million, reports Pearson. Another seller has been JMI Funds, connected to both Moores, its namesake, and Noell. "ServiceNow Director John Moores had previously been chairman of Peregrine Systems, and his [venture capital] firm JMI Capital held a substantial stake. He had recruited Fred Luddy to assume the eventual role of chief technology officer," writes Pearson. "ServiceNow Director Charles Noell served as a Peregrine director and as the audit committee chairman." Now as long as none of them are behind the BMC buyout .. Daniel From: Action Request System discussion list(ARSList) [mailto:[email protected]] On Behalf Of Matt Laurenceau Sent: May 6, 2013 4:24 PM To: [email protected] Subject: Re: huh? financial news for bmc ? ** The Blog that Sylvain Yvon shared has been written by Mark Stouse <http://www.linkedin.com/profile/view?id=1013839&locale=en_US&trk=tyah> . If you don't know Mark yet, he is the VP I mentioned in this blog post <http://e20now.blogspot.fr/2013/01/should-every-post-be-approved.html> , wanting authenticity when blogging. That's how he behaved these past months, with me directly and also on Social Networks <https://communities.bmc.com/people/mstouse/blog/2013> : authentic, sharing facts, and adding the Business perspective. I'm definitely confident that this transaction (if/when completed) will help us to be in start-up mode again (as most of you may know, I joined Remedy before the "Peregrine acquisition" days), allowing mid/long-term investments and flexibility that boost bigger innovation. Looking forward to WWRUG13, ~ Matt Laurenceau Sr Community Ambassador, BMC Communities <http://bit.ly/MattProfiles> http://bit.ly/MattProfiles Skype: matt.laurenceau On Mon, May 6, 2013 at 3:37 PM, laurent matheo <[email protected]> wrote: ** I just hope some guys I know at BMC will be ok after the buyout... This could good or this could be a disaster... On 06 May, 2013,at 03:32 PM, Sylvain YVON <[email protected]> wrote: ** https://communities.bmc.com/people/mstouse/blog/2013/05/06/bmc-software-writ es-a-new-line-of-code-today?utm_source=twitterfeed <https://communities.bmc.com/people/mstouse/blog/2013/05/06/bmc-software-wri tes-a-new-line-of-code-today?utm_source=twitterfeed&utm_medium=twitter> &utm_medium=twitter On Mon, May 6, 2013 at 2:42 PM, patrick zandi <[email protected]> wrote: ** http://www.theregister.co.uk/2013/05/06/bmc_buyout/ Buyout soon... -- Patrick Zandi _ARSlist: "Where the Answers Are" and have been for 20 years_ _ARSlist: "Where the Answers Are" and have been for 20 years_ _ARSlist: "Where the Answers Are" and have been for 20 years_ -- ~ Matt Laurenceau, BMC Software Senior Community Ambassador, BMC Communities [email protected] Follow me at @Matt_L <https://twitter.com/matt_L> Skype: matt.laurenceau _ARSlist: "Where the Answers Are" and have been for 20 years_ _______________________________________________________________________________ UNSUBSCRIBE or access ARSlist Archives at www.arslist.org "Where the Answers Are, and have been for 20 years"
