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I really don't know too much about the company, and I am not an insider (although I wish I was). I got my information about the insider buying from the online Wall Street Journal. Go to that site, scroll to the bottom of the page, and click on the "Briefing Book." Sorry, but I don't have much more information. I considered buying at about 6 dollars, but then I thought: If QLGC goes up, say 10%, I make a little bit of money, but if I buy a thirty or forty dollar stock, and it goes up 10%, I make more money. Also, I know that I could buy alot more shares of QLGC than any 30-40 dollar stock, but I don't feel comfortable putting all that money in a relatively unstable company. I guess I'm not a very speculative investor, I prefer to own large established companies (i.e. INTC, MSFT, AMAT, IBM, USRX, etc.). However, keep in mind: MSFT was once a small company. |
