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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 262.10-7.3%3:59 PM EST

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To: J. M. Burr who wrote (586)11/9/1999 5:07:00 PM
From: 16yearcycle  Read Replies (1) of 1801
 
Hi J.M.,

It is entirely classic for a successful new ipo to sell off on insider sales. It is normal for the insiders to sell and quite meaningless, PROVIDED that the company is hitting their numbers and successfully maneuvering through their chosen field. Time and again the day of the drop is a great opportunity. Frankly, the only thing that worried me was that this one had exploded so much that it needed to sell off on such news, but also create a base for the next jump. It could still fill the gap to 100, but that's ok and I am satisfied that I have enough and am now along for the ride.

All the best,

Gene
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