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Technology Stocks : Nortel Networks (NT)
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To: Kenneth E. Phillipps who wrote (13039)7/13/2002 3:07:10 PM
From: Bob Rudd   of 14638
 
NT Insider buying is definitely a GOOD THING...nevertheless, it isn't the ONLY thing....Must be supplemented by survival analysis. When nursing home companies where hit by changes in reimbursement rates, insiders were buying Genesis & Vencor hand over fist just a few months before bankruptcy. While insiders have the inside view, they also, if they're to be effective, have an optimistic bias....they gotta believe to achieve.
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