No. of Recommendations: 1
Insider Trading

Does not look like a lot of buying or selling by insiders either way. Most of the big transactions in '05 were by the old management team.

My understanding of the SEC rules are that management can set up a program to execute buying and selling in advance and this avoids the insider information issues.

I am guessing one of two things is going on. The new management has not had the time to set up their programs during a period where they did not have insider information or their awarded options are large enough so that they do not want to put more of their net worth into DRL.

A lot of time most executives are selling, this is to diversify their holdings. When I relate this to my own situation, where I get bonuses and options from my company, 40% of my stock portfolio is in my company stock. I do not buy any more on the open market and when I can sell some I do. Having all your eggs in one basket make one nervous.

Cheers, Gary
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