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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 20.37-4.2%Nov 7 3:59 PM EST
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To: Mark C. Livermore who wrote (1494)7/10/1998 8:55:00 AM
From: Mike Relyea  Read Replies (1) of 1693
 
Mark,

Here's what Peter Lynch said about insider buying in his book ONE UP ON WALL STREET: "Long term, there's another important benefit. When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority. Since bigger companies tend to pay bigger salaries to executives, there's a natural tendency for corporate wage-earners to expand the business at any cost, often to the detriment of shareholders. This happens less often when management is heavily invested in shares."

Mike
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