Russian Crisis - Is it a buying opportunity? Message Board

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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?

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To: cyberman who wrote (82)	9/5/1998 10:22:00 PM
From: Jeffrey L. Henken	of 175

It's interesting that while many American's panic during a market sell off like this one insiders will pick up bargains along the way. I just visited the Insider Trader site where I saw 5 full pages of insider buying for the first time in a very long time. I'm going to post a good long term winner here for anyone interested in buying a stock in a quality company trading near it's yearly lows. CPU-Compusa, 9 separate insiders purchased 286,600 shares in August at an average price of $15. Although it may take 6 months for this to pay off in a big way it would be possible to buy the stock on Monday for less than they did as it closed below $14. These guys know what they are doing. This much insider buying in the overall market also indicates to me another reason to believe the bear will be turning into a bull soon. Regards, Jeff

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