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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel G. DeBusschere who wrote (10201)	3/8/2001 2:38:49 PM
From: Bosco	Respond to of 14638

Hi Dan - I thought my last post gave you a hint <g>. Traditionally, people watch insider buying and selling. If insiders sell, it may not necessarily be bad. After all, they do need money and stk options is part of the pay package, especially in the hi tech world. Investors are more interested in insider buying. I am sure mgt [of any company] knows this. So, why not paint a good picture and let suckers like me to buy into it? I am not saying Mr Roth was doing that, but it is my observations insiders of many companies have exhibited that kind of behavior. A scenario: an insider has an option to get 100K shares @ a buck. The stock is @ $20. S/he buys a 1K in the open mkt. Total cost (100K * $1) + (1K * $20) = $120,000 before tax. But b/c outsiders see him buying in the open mkt, they bid the stk up by 10%, his gross gain $2.1MM instead of $1.9MM w/o the $20,000 investment before tax. Conspiracy? Yes, Proof? No best, Bosco