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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: IceShark who wrote (69105)2/19/2001 10:44:04 AM
From: who cares?  Respond to of 436258
 
The insider sales are just part of it. They can and of course do, pledge their stock for loans, some doing it to buy more stock(Meester WCOM) some doing it to be a dippy daytrader(Meester TRAC). I think there's much more of this than people think as these tech insiders have become market savvy stock manipulators, knowing that if they're seen selling even a little it will hurt the stock, but they can borrow against a huge part of their holdings and it doesn't show until it's far too late. I saw some article in Fortune or Barrons or somesuch where CSCO's Chambers listed Nasdaq.com as one of his favorite web sites, I guess that's real reassuring to the CSCO flock that the top man cares about the stock price.
CMB