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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.32+4.6%Oct 31 9:30 AM EDT

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To: David S. who wrote (481)11/23/1997 6:21:00 PM
From: Rono  Read Replies (1) of 5736
 
David, IMO insider trading is not a good barometer or indication that CCSI's stock is overvalued.

Insider trading as a whole has increased dramatically this past year. CDA/Investnet, an insider-monitoring service, reports that insider stock sales nationwide were 50 to 100 per cent higher in the summer than a year earlier. This August alone was up 60 per cent from the previous August.

This surge of inside trading could be attributable from new capital-gains tax provisions, the SEC'S new liberalized rules, or a bearish attitude about the market in general.

IMHO, it's best to judge a company on it's merits rather than insider trading.

wonderbread
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