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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (12383)	7/26/1999 8:28:00 AM
From: Peppe	Read Replies (3) \| Respond to of 18016

Ian, IMO, there is way too much emphasis put on insider selling. Insiders with significant holdings can sell for a number of reasons, but the biggest reason is diversification. Holding a high percentage of your net worth as stock of ANY company is foolish. Bill Gates regularly sells small percantages of his stake in MSFT and has a professional money manager invest this money in anything but technology stock. If anyone here is concerned at the recent sell-off, blame it on Greenspan. His bias towards raising rates and fighting inflation have had a much more immediate impact on tech stocks than insider selling. Cheers, peppe