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


To: Kenneth E. Phillipps who wrote (13039)7/12/2002 12:31:18 PM
From: Krikor  Read Replies (1) | Respond to of 14638
 
Hi Ken,

In fact David Chamberlain said that there were no favors done and they bought it from their own pocket. In fact insiders have been buying shares for some time now.

Do you know what the Q3 projections are ?

I am just wondering if they will be cash flow positive this year.

Thx,
KG



To: Kenneth E. Phillipps who wrote (13039)7/13/2002 3:07:10 PM
From: Bob Rudd  Respond to of 14638
 
NT Insider buying is definitely a GOOD THING...nevertheless, it isn't the ONLY thing....Must be supplemented by survival analysis. When nursing home companies where hit by changes in reimbursement rates, insiders were buying Genesis & Vencor hand over fist just a few months before bankruptcy. While insiders have the inside view, they also, if they're to be effective, have an optimistic bias....they gotta believe to achieve.