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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (37536)11/14/2000 10:50:39 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
intersting that he kept WebMD...not that their financial situation, or their results inspired much confidence, but it's one of the few net stocks that have seen a little bit of insider buying at current, and in fact higher levels. in fact there are very few tech stocks with such determined insider buying. another i-nut that's seen a little bit of insider buying is EWBX. regarding HLTH, i guess backing by several big shareholders (MSFT, Fox) is adding an element of unsinkability.
note, i have no position in either...was stopped out of EWBX after i bought it for a trade (which went remarkably well considering this market). BUT i'm SERIOUSLY considering a small position in HLTH here, as a long term hold, based purely on those insider buys. obviously THEY believe the company will not flounder, and imo the survivors of the i-nut debacle will all be contenders for becoming truly impressive companies in the far, or perhaps not so far, future.
i'm always thinking that in the wider time frames, i could wake up 10 years from now bathed in cold sweat, thinking "why oh why didn't i buy, way back when..."
sort of like the people who refused to buy MSFT after the '87 crash must be feeling now.
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