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Toll Brothers Inc

Article Abstract:

Toll Brothers Inc constructs and finances middle to high income single family houses, townhouses and condominiums in the Northeast. The stock has appreciated dramatically since Oct 1992 but this could be misleading. Four insiders disposed of 1,118,943 shares last Jan 1993 at the $13.50 to $15.88 range, with Robert and Bruce Toll accounting for 890,200 of the sold shares. The stock also went below its 50-day moving average for the 1st time since Oct 1992.

Toll Brothers Inc.

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Continental Homes Holding Corp

Article Abstract:

Continental Homes Holding Corp constructs, markets and finances single-family homes. Six insiders submitted their intention to disposed of 89,945 shares last Jan 1993 at an average price of $18.09 each. Two insiders also cleared out 34,600 shares in Nov 1992 at the $13.50 to $14.75 price range. The Nov 1992 sales appeared insignificant at that time but the persistent insider selling in Jan 1993 suggests that caution should be exercised.

Continental Homes Holding Corp.

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Providential Corp

Article Abstract:

Providential Corp engages in the selling of first mortgage loans for senior citizen homeowners. Three indsiders disposed of 84,425 shares since the latter part of Dec 1992, at an average price of $8 each. The selling occurred following the release of the 4th qtr 1992 results. The stock is pegged way below its record-high of $24 but even at the $7 level, the issue might not deserve a buy rating.

Mortgage banks, Providential Corp.

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