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Technology Stocks : 3DFX
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To: Karin who wrote (4435)6/19/1998 3:00:00 PM
From: Chip Anderson  Read Replies (3) of 16960
 
Ummm... Couple of thoughts:

1.) The _vast_ majority of insider transactions are sales - especially for new, small-cap companies like TDFX.

2.) Where would these insiders get the money to buy more stock with? Many of them would probably have to sell TDFX shares in order to buy TDFX shares.

3.) Have you checked out the Insider activity in related companies? DIMD, CREAF, even INTC and MSFT are dominated by insider selling.

Gordon raised about $1.4M in May - not that much really considering the risks he's taken and his accomplishments to date. In fact, isn't that the going rate on a 1 bedroom, 2 bath in Santa Clara these days? ;-)

Chip
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