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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Raymond Duray who wrote (6049)8/29/2001 5:35:56 PM
From: RetiredNow  Read Replies (2) of 6531
 
Ok. I'll relent a little. Insider purchases are sometimes an indicator of good things to come. However, insider sales are usually meaningless. I remember in Cisco's heyday 2 years ago, everyone was always showing the latest reports that Chambers sold shares and concluding that Cisco was going down the toilet. The fact was that Chambers like all smart people takes chips off the table from time to time. That doesn't say anything about Cisco's prospects. So the same applies here. Insider sales more often than not are just noise.
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