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To: Uncle Frank who wrote (9024)8/21/2001 1:05:31 PM
From: im a survivor  Respond to of 10934
 
well, I aint no insider, but I am ready and willing to buy more ntap if she breaks under $10....and I will keep slowly cost averaging down if she keeps dropping. NTAP and JDSU are two stocks I am slowly wanting to build large positions in under $10......as they drop under $10, I will buy more every $2 drop, and hope recovery happens sometime in my lifetime.........bought jdsu at $8.50....waiting for $6.50, $4.50, $2.50 and etc.......If Ntap breaks below $10, I will do the same and add every 2 dollar drop.......am I stupid or what?? <ggg>



To: Uncle Frank who wrote (9024)8/21/2001 1:11:15 PM
From: stomper  Read Replies (1) | Respond to of 10934
 
OT: Storage sector is crumbling. Look at what this guy registered to sell on the 14th!!, -g-:

biz.yahoo.com

-dave



To: Uncle Frank who wrote (9024)8/21/2001 2:49:10 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 10934
 
Possibly. I don't know what the lag time is, for reporting and getting on that list (that is, are July and August sales on the list yet?). Insider sales tend to be clumped (one more example of herd behavior), and this may be just the first of a group. If we go another couple of months, with no further sales, and the stock is still below 15$, then I'd be willing to say insiders are not selling at these prices.

More striking than the NTAP sales, is the continuing avalanche of marketwide insider sales. One good marker of a market bottom is net insider buys (#, not total $s). This is as good a signal as net stock mutual fund withdrawals. (The crowd is usually wrong, insiders are usually right.)