Semi Equipment-Sell when they're singing in the streets Message Board

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Technology Stocks : Semi Equipment-Sell when they're singing in the streets

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To: Q. who wrote (77)	5/3/2000 1:16:00 PM
From: Kirk ©	of 276

RE: KLIC CEO sale of shares I heard, I THINK on CNBC, that he was selling for asset allocation purposes. I remember Bagley, CEO of LRCX, bought about $1M worth of stock at about $8 and it went down to under $3 before turning around (rough split adjusted values). I have not heard of him selling any of his shares but I don't follow that closely either. Some shares they get from regular ESOP means and probably makes sense to sell on a regular basis. When they start to sell off the shares they bought with their own cash, maybe that is when we take note? Didn't Intel insiders sell a bunch of their shares last year, just before the company doubled in value? I agree the buys are important, but are often not a good indicator of a bottom, just an indicator of good relative value. regards Kirk ou t

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