Best of Boston
1987 Best Timing
That of the dozen officers and directors of Zayre Corporation—including chairman of the board Sumner L. Feldberg—who sold off more than 235,000 shares of their company stock in spring 1986. The Zayre leadership thus narrowly escaped the steep plunge. Zayre stock took last summer, when the company surprised Wall Street with a disappointing quarterly earnings report. Talk about close calls. Talk about a sixth sense.