AXT (AXTI) Enters Trading Plan
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AXT, Inc. (Nasdaq: AXTI) nnounced that Mr. Wilson W. Cheung, chief financial officer and corporate secretary, has established a pre-arranged trading plan to sell shares of the company's common stock over a designated period in accordance with rule 10b5-1 of the SEC.
Under the trading plan, during a twelve-month period commencing on March 1, 2008, Mr. Cheung plans to sell up to 143,042 shares of AXT common stock in open market transactions
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