Why invest in Google when its execs aren't?

In the past year and a half, Google's top executives have been selling off stock in the company like they were trying to meet ransom demands. Since Feb. 14, 2005, the expiration date of the last restriction on insider sales following Google's IPO, [link|http://www.bloomberg.com/apps/news?pid=email_en&refer=columnist_gilbert&sid=akQ0xe00sEyM|insiders have sold off an astonishing $7.4 billion of stock. ]

Larry Page: $2 billion

Sergey Brin: $1.9 billion

Omid Kordestani: $1.1 billion

Eric Schmidt: $650 million

Ram Shriram: $650 million (Director, Investor)

David Drummond: $200 million

George Reyes: $200 million

Jonathan Rosenberg: $200 million

Divestments like these aren't all that surprising. Google executives do need their walking-around money just like everyone else, and a number of these stock sales were automatic, undertaken as part of a predetermined plan. What is surprising is that not one of these execs has purchased a Google share in 18 months. Why not? Why are Google insiders scaling back their investments in a company that's going great guns? \ufffdAny time you see insiders who are strictly selling, the market has to evaluate that," [link|http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=FT&Date=20060818&ID=5958344|Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, told the Financial Times]. "If insiders are selling and not buying, it suggests they have found a place where their assets will appreciate somewhere else.\ufffd

[link|http://blogs.siliconvalley.com/gmsv/|source]

Post #265,649 by lincoln 8/22/06 4:30:42 PM Reply	Why invest in Google when its execs aren't? In the past year and a half, Google's top executives have been selling off stock in the company like they were trying to meet ransom demands. Since Feb. 14, 2005, the expiration date of the last restriction on insider sales following Google's IPO, [link\|http://www.bloomberg.com/apps/news?pid=email_en&refer=columnist_gilbert&sid=akQ0xe00sEyM\|insiders have sold off an astonishing $7.4 billion of stock. ] Larry Page: $2 billion Sergey Brin: $1.9 billion Omid Kordestani: $1.1 billion Eric Schmidt: $650 million Ram Shriram: $650 million (Director, Investor) David Drummond: $200 million George Reyes: $200 million Jonathan Rosenberg: $200 million Divestments like these aren't all that surprising. Google executives do need their walking-around money just like everyone else, and a number of these stock sales were automatic, undertaken as part of a predetermined plan. What is surprising is that not one of these execs has purchased a Google share in 18 months. Why not? Why are Google insiders scaling back their investments in a company that's going great guns? \ufffdAny time you see insiders who are strictly selling, the market has to evaluate that," [link\|http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=FT&Date=20060818&ID=5958344\|Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, told the Financial Times]. "If insiders are selling and not buying, it suggests they have found a place where their assets will appreciate somewhere else.\ufffd [link\|http://blogs.siliconvalley.com/gmsv/\|source] lincoln "Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from." -- E.L. Doctorow Never apply a Star Trek solution to a Babylon 5 problem. I am not merely a "consumer" or a "taxpayer". I am a *Citizen* of the United States. [link\|mailto:bconnors@ev1.net\|contact me]
Post #265,651 by admin 8/22/06 5:08:29 PM Reply	It's called "diversification" There's no reason for them to buy if all they have are Google shares. Regards, -scott anderson "Welcome to Rivendell, Mr. Anderson..."
Post #265,863 by lincoln 8/25/06 4:37:42 PM Reply	nothing wrong with "diversification" but after 1 1/2 years and none of them have bought even one share; well, you just have to tread very lightly before you consider investing where they're not. lincoln "Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from." -- E.L. Doctorow Never apply a Star Trek solution to a Babylon 5 problem. I am not merely a "consumer" or a "taxpayer". I am a *Citizen* of the United States. [link\|mailto:bconnors@ev1.net\|contact me]
Post #265,864 by admin 8/25/06 5:15:13 PM Reply	Not the way I see it. Dude has $1B in Google stock. He'd be crazy to do anything other than spread it around. And once it's spread around, why bother to bring it back the other way? Regards, -scott anderson "Welcome to Rivendell, Mr. Anderson..."
Post #265,868 by folkert 8/25/06 9:17:15 PM Reply	I am with Scott... They are probably also getting huge options. Why do more? Sheesh, $2B in Google Stock Sales. I'll betchya they gots LOTS more where that came from. Let me ask you this, Would you put all of you EGGS in ONE basket? Yeah, I thought so. -- [link\|mailto:greg@gregfolkert.net\|greg], [link\|http://www.iwethey.org/ed_curry\|REMEMBER ED CURRY!] @ *i_wethey* Freedom is not FREE. Yeah, but 10s of Trillions of US Dollars? SELECT * FROM scog WHERE ethics > 0; 0 rows returned.
Post #266,616 by dws 9/3/06 3:14:36 AM Reply	Re: Why invest in Google when its execs aren't? Diversifying lets them invest in [link\|http://www.teslamotors.com/\|cool stuff like this].

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