SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Network Appliance
NTAP 114.72-0.9%Dec 3 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kas1 who wrote (7371)3/30/2001 1:25:14 PM
From: John Madarasz  Read Replies (1) of 10934
 
O/T The insiders have some privileged information about their businesses and technologies -- but none whatsoever about the market and its prevailing valuations.

I'm sorry, but I will have to beg to differ here... and agree in part with Chic.

Insiders know exactly what they are doing when they issue stock options to themselves at certain prices...when they re-price options in the money... when they do private placements... when they buy back shares to prop the price of the stock to keep their options in the money...when they split their stocks...when they participate in option buying and hedging to protect the price of the stock and on and on.

I'm not saying that insiders aren't victims of an unpredictable market as well as common share holders, but to contend that they have no sense of privlege regarding the valuations of their stock is somewhat naive.

As a stock specific case here, all I've seen in this issue is insiders exercising options and selling since May of last year...not one purchase on the open market. I'd say that's pretty forward looking and predictive.

The fact remains that a study of insider practices regarding the issuance, buying, and selling, of stock and options reflects some fundamental sense of the company, and the intermediate price of the stock and direction of the market, which will effect same.

This isn't an attack on the company per sey, but rather the offering of some information which might be of help in determining the future value of this stock.

Thanks for your thoughts.

JM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News