America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Alec Epting who wrote (6908)	1/20/1998 9:47:00 PM
From: steve lipson	Read Replies (3) of 13594

If I had a dollar for every time some AOL bear has cited these almost trivial levels of insider sales as evidence that the jig was up for this stock... Oh, as a matter of fact, I guess I do thanks to my profits holding the stock. Your classic bear warning sign is when the stock makes a new low and insider sales continue unabated or even accelerate. The recent sales you cite are comparable to the levels we saw five or six months ago (and $30 to $40 a share ago) reflecting prudent, periodic stock sales that represent a tiny percentage of the total holdings insiders could sell.

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