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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: Jeffrey L. Henken who wrote (201)9/17/1998 10:24:00 AM
From: Les H  Read Replies (1) of 939
 
I ran a screen of heavy insider purchasing:

Conventry Corp (CVTY) 16
Vencor (VC) 14
Polaroid (PRD) 13
Greenpoint Fin (GPT) 12
Apache Corp (APA) 11
Equifax (EFX) 10
Calloway Golf (ELY) 10
Newmont Mining (NEM) 9
PNC Bank (PNC) 9
CompUSA (CPU) 8
St Jude Med (STJ) 7
Mariner (MPN) 7
Steelcase (SCS) 7
Kerr-McGee (KMG) 7
Baker Hughes (BHI) 7

The industry with the largest number of insider purchases was REIT's
with 294. Oil Well - Drilling/Supply next with 71. Savings & Loans
with 64. There's quite a few good names in the above list: PNC, Greenpoint Financial, Baker Hughes, ...

Steelcase is still in a decline as are the other furniture stocks.
None of the furniture stocks rallied lately as homebuilding stocks
also stayed at their lows.
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