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To: LLCF who wrote (135271)	11/20/2001 1:27:45 PM
From: GraceZ	Read Replies (1) \| Respond to of 436258

I mean, using this one anecdote for your assertion that all journalists are out to prove that is not fair in the world of the stock market.... This is what I said: "People want to hear about insider trading and how they all got rich while the public got shafted. It confirms their inherit prejudice against the wealthy or connected and gives them the reassurance that the game is rigged so they can't succeed." I didn't make a broad statement about journalists. And the buy and holders certainly didn't do as well as the company insiders in general. Of course not, but I wouldn't be surprised if the return that those who bought using the inside knowledge of the MSFT deal and then later sold when it became public was in fact lower than some dumbass got (who still suffers under the illusion that you are suppose to BUY stocks on good news) who bought NVDA when the deal went public and held 'till today. Especially when you consider that the insiders paid tax on the short term gain and then what did they do with the money they made? The beauty of holding a stock with a strong up trend is it keeps you from doing something stupid with the proceeds! Those insiders might have looked at CIEN and thought, gee, 63 looks like a good price to me or gee, PVN is bound to do well with rates going lower. Hey, but maybe they put it in bonds or gold and the only downside is the SEC breathing down their necks now. <g>