I noticed the price started rising several days BEFORE the official announcement on
1/16/01... Of course the loose
lips might be at MACR or at the investment bank too... Doesn't the FCC go after
insider trades like this??
- Michael Smith, TeraTech, Inc http://www.teratech.com/
Stephen M Aylor wrote:
> [allaire investor hat on]
>
> Insider trading lawsuits for the seemingly endless NOSEDIVE of allr from
> 70's to $4.75 are pointless. Routine and scheduled trades by the ALLR bro's
> was predictable and done routinely. However somebody, and somebody
> significant knew of the MACR/ALLR deal and was taking trading volume from
> next to NIL to medium in a 3 day period. As a daily watcher of ALLR share
> price I benefited from the manipulation, but that doesnt mean Im pleased at
> all with what happened. Somebody at ALLR has LOOOSe lips. Somebody in the
> know, issued 44,000 $7.5 call contracts the day of the announcement - when
> there was not a damn thing happening with ALLR for weeks, and absolutely NO
> news or deal announcements.
>
> I feel like ALLR mgmnt blew this co up and vs facing the
> music/shareholders - they inked a deal w/ MACR for $.01's on the dollar for
> a damn good co. Why is WebMethods trading in the 70's - 80's while ALLR is
> $4!!! I say the streets perception of ALLR's CEO/CFO and sales mgrs. Lots
> of un-answered questions, that will likely never be answered.
>
> A moment of silence for the COMPANY formerly known as ALLAIRE, I remember
> thee when.... where with much anticipation the release version 1.5, and what
> was it .... *.dbml files :-) Farewell, and good riddence to Orfao, Gerth
> and their likes.
>
> [cf dude hat on ]
>
> I like macromedia's stuff. Like Allaire stuff better. Like Macro's mgmgnt.
> Should make a kick ass 800 lb web dev tool suite and APP Server Software
> Development Co. (profitable perhaps)
>
> ----- Original Message -----
> From: "stas" <[EMAIL PROTECTED]>
> To: "Fusebox" <[EMAIL PROTECTED]>
> Sent: Sunday, December 17, 2000 2:11 PM
> Subject: OT: insider trading? Re: Macromedia & Allaire Merger
>
> > I agree. What else can account for the sudden spike in the stock's price
> > last weee?
> >
> > ----- Original Message -----
> > From: "McCollough, Alan" <[EMAIL PROTECTED]>
> > To: "Fusebox" <[EMAIL PROTECTED]>
> > Sent: Wednesday, January 17, 2001 11:52 AM
> > Subject: RE: Macromedia & Allaire Merger
> >
> >
> > > {absolutely RAW opinion here, so feel free to delete}
> > >
> > > That means, that after scooping up all the $$$ of ALLR investors such as
> > > many on this list, he's now gonna get to sit tight in the lap of
> > Macromedia,
> > > instead of having to face the music. I'm sure somewhere in this deal is
> a
> > > provision for Macromedia to take on the mound of class-action suits
> > > regarding inside trading on ALLR.
> > >
> > > I sincerely feel all you ALLR stockholders got shafted.
> >
> >
> >
> >
>
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