Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (10039)	2/11/2001 9:05:43 AM
From: Sig	Read Replies (1) \| Respond to of 13572

<<<I do not buy this long term support Naz 2400 stuff at all.>>> We do know that insiders on the many of the newer 4 letter stocks still own a high percentage (up to 80%) They were smart enough to sell some when it was over $100 and were then ahead of the game, the mistake being to keep a lot and now that times are tougher they realize the company may never be profitable and are trying to unload shares as indicated by the Proposed Sales Individually they would not be a big component of the Nasdaq, but collectively there are billions sitting in the background remaining to be "unloaded" unless the market for their product (often Csco or PC makers) improves which is not likely to happen.. Not being able to compute the effect of this selling leaves me unable to select a probable market direction. So far each rally, about 4 per month, has failed. Will wait and see. Sig