WAVX Anyone? Message Board

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Technology Stocks : WAVX Anyone?

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To: caly who wrote (5641)	2/21/1999 9:46:00 PM
From: Richard Bunker	Read Replies (1) of 11417

Regarding insider trading; It is my feeling that insider selling does not really have to mean much at all. The CEO might just want a new house. Perhaps a director went to a financial advisor, and was told that no matter how much she loves the company, all of her eggs in one basket is just a bad idea. I have never seen compelling evidence that there is any correlation between insider selling and future stock price. For what it is worth, I do take insider BUYING very, very seriously. There are no reasons for insiders to buy (that I can think of) that don't have a good chance of seeing the price go up. Rick.

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