ubergizmo
 Uberrides

Last Week's Über Silicon Valley Insider Traders: Oracle CEO With $306 Million, Google Director At $60 Million

Story posted on: October 28, 2007


I always enjoy reading the San Jose Mercury News' Insider Trader column in the daily's business section (I remember reading it on Mondays though) to find out the new [and old] millionaires on the block. This time, the Merc highlights Synaptics co-founder Federico Faggin ($19.5M) as last week's top insider trading. Impressive of course. But after reading the table of names and amounts made (just in case I know somebody there!) I realise that $19.5M bucks was actually "peanuts" compared to the $306 millions Oracle CEO Larry Ellison made by selling 14 million shares (he still have 1.2 billion... like in B!) or the $60 millions Google director Kavitark Ram Shiram made by just selling 100,000 shares (most of his holdings)! How can the Merc reporters missed that? Although, there's not much more to say about Ellison's extravaganza but I would definitely be interested to know more about the Google guy, who according to Forbes is yhe 253th richest American (he probably bumped up his score with this latest transaction though :-)



Be the first to comment!

(In order to cut on SPAM, anyone can leave a comment, but only comments from Typekey users will be posted immediately. Others will have to wait for a moderator to approve the comment. Thanks for your patience. Typekey is free and it takes only one minute to register)

Please be respectful of others when participating to this thread. Insulting or self-promotional comments could be removed. Thank you.



Email a Friend
To:


Your email (no spam):


Message (optional):