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To: isopatch who wrote (89403)	3/28/2001 7:21:07 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

isopatch, Could be some corporate pumping and dumping last year, so to speak,ggg: "Some of the data suggests that corporate insiders have been burned as badly as everyone else buying stock in recent years. The record for insider buying was set in February 2000, when the market was at an all-time high. Insiders bought $480.1 million worth. But that same month, they dumped $10.9 billion in shares. The sold-bought ratio, therefore, hit 22.6, then a historic peak. The market, of course, fell apart shortly after." While insiders are not the best in timing sells, this guy is right about buys! Seems to me a lot of this selling may be occurring to cover their losses in their stock portfolios. They diversify a bit too and are subject on the golf course to the same sort of stock hype (but much more reliable) that we might get on SI. So they invested some of their funds in other companies stocks and now maybe are selling their own compny stock to cover their losses. I don't mean this to be taken bullishly, its just a thought that insiders are raising cash by selling their own companies stocks, perhaps because they were hit in their portfolios or perhaps just because they want to raise cash cause they don't like what they see on the company books. Not a good sign that a whole bunch of buyers will be entering the market anytime soon, it shows the extent of the damage, well beyond my expectations. It's not just Joe Six Pack who's worried about not making the mortgage now. If they can't dress this quarters Window by Friday, then a concrete block just went through it! Best Regards, Roebear