SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob C. who wrote (60)2/11/1997 8:24:00 PM
From: Craig Schilling   of 26039
 
Rob,

Not to be critical, but if this product has high potential why are all the insiders selling in the 12 to 16 dollar range. No insiders have been buying the stock in the company since 1994/95. Though this may not be an indicator of the future, insiders are usually far ahead of the rest of us trying to make a buck in the market. At a price of 13 we're paying approx. a 32PE for 1998 earnings based on Zacks estimates. It seems the safer play would be to let this run up in the short run then short it when the hype begins to linger. I may be wrong but I've been burned on these kinds of stocks too many times and have learned to go with the insiders.

Craig
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext