FY2000-Q2......5% sequential increase..you must be anticipating a war to breakout between China and Taiwan(it is a possibility).But,short of a regional war there is no way EPS sequentially can drop from 38% to 5%.
I do not know where some folks are getting their info, but the list below is all I could find of open market sales by insiders of VSH stock since August of last year. With few and very small exceptions, the stock being sold is restricted stock: it has not come from the sellers' VSH holdings. My guess, and that is all it is, is that the majority of it is from stock bonuses -- I suppose one could search the 10Qs and 10Ks and find out for sure, if it mattered, which I don't think it does.
ZANDMAN,FELIX CB 486,202 1/31/00-1/1/00 32.00 D 2/10/00
ZANDMAN, FELIX CB 300 12/21/99-12/7/99 5,802,313* D 1/5/00
* - this is how many shares Zandman owned as of that date after his 300 share sale.
Zandman's sale of 486,202 was of restricted stock and did not effect or come from his VSH holdings.
SLANER, LUELLA B. DIR 50,000 1/14/00 $33.77 667,418* D 2/11/00
* - This is how many shares Slaner owned as of that date. The 50,000 shares sale was of restricted stock and was a non-open market sale.
EDEN, AVI DON VCB 125,300 1/11/00 $32.00 - 44,853 D 2/8/00
EDEN, AVI DON VCB 12,500 8/20/99 $20.00 - 44,853 D 9/7/99
Eden's sales were of restricted stock and did not effect or come from his VSH holdings.
GRUBB, RICHARD N. EX VP 125,300 1/11/00 $32.00 38,281 D 2/8/00 GRUBB, RICHARD N. EX VP 12,500 8/20/99 $20.00 38,281 D 9/7/99
Grubb's sales were of restricted stock and did not effect or come from his VSH holdings.
PAUL, GERALD PR 121,550 1/11/00 $32.00 38,336 D 2/8/00
PAUL, GERALD PR 3,750 10/7/99 $24.00 38,336 D 11/11/99
PAUL, GERALD PR 12,500 8/20/99 $20.00 30,836 D 9/7/99
Pauls' sales were of restricted stock and did not effect or come from his VSH holdings. In fact, Paul's VSH holding increased by 8,000 shares between 9-7-99 and 11-11-99.
SPIRES, WILLIAM J. SEC 2,50012/3/99 $30.88 - 3,170 D 2/8/00 SPIRES, WILLIAM J. SEC 12,500 8/20/99 $20.00 - 3,170 D 9/7/99
Spires' sales were of restricted stock and did not effect or come from his VSH holdings.
SHILS, EDWARD B. DIR 1,000 9/8/99 $23.31 - 50,345 D 10/25/99
FREECE, ROBERT A. VP 12,500 8/20/99 $20.00 - 73,107 D 9/7/99
There are some Form 144s that have been filed in the past couple of months, but there do not yet appear to be any Form 4s evidencing that there were any sales. The Form 144s are good for three months and sales have to be reported by the 10th of the month following a sale, i.e. for sales in March, Form 4's are dues 4-10-00.
Total, there looks to be less than 14,000 non-restricted shares that have been sold in the last six months. Hardly anything to be concerned or alarmed about.
I am basing my hopes/expectations on growth compared to same period previous year and not on sequential growth. That's why our estimates are so different.
While I hope I'm wrong, I don't see how revenue or earnings can increase that much (20%+) each quarter sequentially. At some point, capacity constraints are bound to kick in. As I recall from their earnings conference, they are already pretty close to capacity in some of their products lines (particularly the passives); their backlog is steadily increasing, and they said they were going to increase capacity, telling me they are already feeling the crunch.
In any case, it should be fun to watch if you are long. Go VSH!
I guess that you think that since some "indiders" sold a VERY small portion of their total shares that VSH will miss its numbers this Q and that they intentionally lied when they said that they expected EPS this Q to be "at least" 20% greater than the then current analyst estimates of $0.44.
I guess that you think that since some "indiders" sold a very small portion of their total holdings that demand for VSH's products is suddenly going to dry up even though almost every other tech company expects growing demand over the next one to three years.
I guess that you think that since some "indiders" sold a very small portion of their total holdings that the wireless sector is not going to grow any more or is not going to need active and passive components in their equipment.
If these are not the things you meant, then I just do not understand what you think "you [us] people" have missed.
Just out of curiosity, did you read more than five or ten posts on this tread before you posted?