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Technology Stocks : NTRG - Netergy Networks (formerly 8x8, Inc.) -- Ignore unavailable to you. Want to Upgrade?


To: unregmarket who wrote (10)4/12/2000 1:25:00 AM
From: pirate_200  Read Replies (1) | Respond to of 53
 
> Director buys 30,000 in February at the $17 to $20 level ...
> doesn't make it too difficult for me to get off my wallet
> here at 17 and change. Those on the "insider" list who
> exercised options - more power to them, but the meat of
> the matter is the $600,000 up-front investment from one
> who knows.

Yup... it's funny, people get so torqued up about insider
selling, even when it is not a significant percentage or
by a significant number of people. Yet, here we have a
fairly significant buy occuring after the stock has already
run up 400% ($4 to $20 level) and no one is screaming -
well, except you! :)

People sell for all kinds of reasons, they buy for only
one reason...