SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dwight vickers who wrote (20514)3/2/1998 10:13:00 PM
From: M Goodson  Read Replies (1) of 42771
 
There are a number of ways I can approach this. First, one of the reasons for an insider to buy or sell shares is to make more money, not merely to make money. If Schimdt, for instance, is happy with his income, he'd be stupid to risk it. Second, an insider can buy or sell as a signalling effect. Heck, the purchase would have a signalling effect whether (s)he desired it or not. If the individual doesn't wish to explain his decision to buy or sell to the investment community, purchasing the stock would be a bad idea. Again, whether the insider desires it or not, the public would be watching. We as shareholders would like it, but his job is not to buy stock. His job is to increase shareholder wealth. The best incentive you can give someone in his position is to tie his income to the company's market value; make him a shareholder. This has been done, and I think he's doing a fine job of increasing my wealth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext