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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (13956)9/20/2002 9:41:24 PM
From: Lizzie Tudor  Read Replies (10) of 57684
 
Insider buying article.... I wish it had a longer list of companies, since their buys are weighted in terms of importance (track record of buyer, level inside company etc)...

Perhaps the most shocking buy signal comes from universally trashed telecom equipment maker Lucent. After never previously registering as a buy, the stock's insider rating recently rocketed to 10. This summer everyone from division managers to chairman Henry Schacht has been snapping up the stock. With the shares languishing at less than $2, more than 97% off its high, it might seem like a stock only insiders could love. But given their track record, that might be just what you're looking for.
fortune.com
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