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Technology Stocks : Semi Equipment Analysis
SOXX 302.84+2.0%Dec 2 4:00 PM EST

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To: Kirk © who wrote (7256)11/27/2002 12:24:41 PM
From: zonder  Read Replies (1) of 95515
 
If you seriously think that post of yours proved me wrong, I do not know what to say.

First of all, insider trading is a crime. CFOs don't just short their companies' stocks without people knowing about it.

Second, CFOs DO sell their own stocks all the time. You can look it up in finance.yahoo.com under "insider".

Also, you seem to be suggesting that insiders should (and perhaps could) never sell the stock they hold in their own companies because... err... they should believe its value is "eternity" and it will always go up?

Excuse me for pointing this out but such a guy would never be the CFO of a serious company anyway. Or if you know a CFO who has no notion of the value of a stock, let me know which and shorting it will probably be the easiest money I ever made.

By the way, this has nothing to do with "People short because they believe a company will not do well. That is a little different than shorting the company and then hoping or working for the it to do badly", my statement that you seem to disagree with. So I do not see how it is supposed to disprove it.
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