By the way, COH bought back shares this last quarter at an average cost of $43 plus change, I think that I heard on the conference call. They must thought that the price was fare at the time of purchase. Now they can buy even more at a reduced price.
No he didn't. His last disposition of options was dated 8/28/07 and he didn't sell that high. You must be saying that he planned that sale in anticipation of the overreaction today of the recent slowing of customer traffic in North America. WOW!!! He must have a great crystal ball.