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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (2510)3/22/2001 2:51:25 PM
From: Bill/WA  Read Replies (1) | Respond to of 74559
 
MeDroogies,

<<I would say is that if they were buying, I'd buy in a flash because it means they know something and don't care if they are overweighted>> Agreed, completely.

<<It has nothing to do with their vision of whether the company is doing well or not, it has to do with the expiration of options, the need to diversify............>> This is where we will agree to disagree. If you delete your "nothing" in that statement, I will agree ex: Gates sells his stock all the time. However, when a officer MAX'S out his SEC allowance, especially 2-3 quarters in a row, you would do yourself a favor in taking notice. It is more than pure coincidence that their stocks tank after such massive selling, re: massive selling = max selling.

It would indeed be a unique experience if Waite, or Dell, or Ellison maxed out a quarter unless they wanted to buy a fleet of 7 meters. In Mickey's case, we're talking $400 mil + per quarter.

In any event, it payed off handsomely,
Best,
Bill/WA



To: MeDroogies who wrote (2510)3/23/2001 10:43:37 AM
From: JHP  Read Replies (1) | Respond to of 74559
 
mickey d get a grip. try hitting yourself with a two by four.

>>Selling is rarely an indication of much of anything. CEO's, in particular, have to do it frequently.<<