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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (32657)	3/7/2001 5:24:56 PM
From: im a survivor	Respond to of 65232

<<keith..."the ceo bought 50000 shares at $4, he didn't have to...he's a billionaire" how true, part of his wealth came from selling 1.5mil shares at 71 on may 1 2000!!!!! hellooooo...he did his aggressive selling last year, netted 180mil, got his position back for 4mil...no different then shorting and covering.... read a bit about paul allen's investments, most have headed south..in fact allen bought a massive amount on oct 12 at 21....whats it worth now???? hope you do better then allen..but what is $21mil to a billionaire???? >> First, no reason to really keep continuing with this......you have very valid points concerning insp......but again, I am willing to take the gamble......as far as your above comment....read what you say and think about it....sounds like ceo is pretty sharp. I wish I had the foresight to sell last year and buy back now....I call that a savy investor....and regardless, we all know mangmt routinely sell shares...it's a fact of life. However, it's the simple point that he recently bought some back that is intriguing. Why? he still has plenty. If he thought it was going to $1, he would be selling more. The simple fact he is buying now tells me he feels they are going up not down....Paul Allen buying at $20....well, right now, that looks like a bad buy....who knows what it will look like down the road...and frankly ed......your acting like insp is the only stock that has gone down....I mean, do we need to make a list of stocks that wen't from $20 to $1 or from $150 to $15? No, because we both know stocks have been decimated...so sure, lousy buy at $20, but most anything bought in the last 6 months is getting it's ass kicked, not just insp. Anyway, no biggie.....you have very valid points and I do respect them, but my gamble on insp is relatively small and I feel very comfortable with it at this time and am hoping we get to see it's lows again or even down to $1, because I will add to my position........ Good luck and thanks for all your input.....i wish more people could have differing opinions and discuss them as we are in a mature manner rather then the usual hard core attacking.....bottom line is everybody has an opinion and nobody will know who is correct until history bears out the truth...... best, keith...guessing his insp and several others are gonna be alot cheaper by this friday.....