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Technology Stocks : C-Cube
CUBE 37.72+0.9%Nov 5 3:59 PM EST
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To: Lane Weatherly who wrote (50723)3/26/2001 3:12:54 PM
From: SC   of 50808
 
Lane: "Anyone notice Corrigan recently made good side purchase of own stock. Not many would do that knowing of impending purchase & stock price decrease unless...he knows the REAL VALUE of this deal. "

Here is a report on LSI CEO Corrigan's buying, news.moneycentral.msn.com
it says:

"LSI Chief Executive Officer Wilfred J. Corrigan's purchase of 20,000 shares at $5.35 million in Jan. 30 is noteworthy, Gerber said, because in the past, Corrigan has bought LSI shares 11 times and on average, the shares were up 53 percent in the next six months.

Though LSI shares have lost more than 20 percent after Corrigan bought stock this time, there are five months to go for Corrigan to hit his average return. Most other stocks also went down with the market after insiders bought their shares, Gerber said. "
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