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Technology Stocks : 3DFX
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To: jttmab who wrote (4480)6/21/1998 3:16:00 AM
From: Piranha  Read Replies (1) of 16960
 
<< 2.There is no correlation between insider sales and the share value on the day of the sale or the days immediately following the sale. >>

On a related note, I have had the finance people at my company (who were working on forecasts) recommend that we all short the hell out of our company before they announced 1Q earnings, expecting a big drop. What happened? Unchanged. Maybe up a little. So much for insiders knowing the inside story. Maybe they're human just like the rest of us....

Piranha
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