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Politics : Formerly About Applied Materials
AMAT 230.17-1.4%Nov 7 9:30 AM EST

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To: XBrit who wrote (45248)4/9/2001 3:30:35 AM
From: FJB  Read Replies (1) of 70976
 
RE:THERE IS NO INSIDER BUYING YET. NONE AT ALL. WHY DO YOU THINK THAT IS?

The first and most important reason is that you already own a huge amount. Most people don't want 100% of their wealth tied up in one stock.

There is no incentive to buy a stock that you already own a TON of as an employee or insider. The options package will make you rich if the stock appreciates.

Would you purchase stock when you have huge "free" options outstanding? I doubt it.
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