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From: filterm...@gmail.com
Date: Tue, 12 Feb 2008 16:01:01 -0800 (PST)
Local: Tues, Feb 12 2008 7:01 pm
Subject: Re: Insider Action Driving the price down- Divx
You guys have to pay closer attention to the filings. Jerome Vashisht-
Rota, aka "Gej", aka the inventor of DivX, is sitting on over 150k shares - that's almost a $2 million stake in the future of the business! He's waited a very long time for this kind of pay-off, yet even at these prices he is still waiting... not only are the shares being sold under a trading plan adopted in November 2006 (when the stock was at it's all-time high), they are being sold through a trust that he does not even have direct influence over. Buying at $17-18 was a good investment - many institutions did the
I've been holding a substantial stake as well since the IPO... and
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