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To: The Freep who wrote (45614)7/15/2002 12:13:45 AM
From: The Freep  Respond to of 209892
 
re: Insider buying.

I pasted the link to a Bloomberg article on insider buying below. It also says Insider buys nearly triple from a year ago to $3.72 billion. Not only does it also mention that sales are still over 20 billion, but even more amazing is this quote:

<<The biggest buyer was Equity One Inc. Chairman and Chief Executive Chaim Katzman, who acquired 170.5 million shares for $2.29 billion in the real-estate investment trust in North Miami Beach, Florida. >>

If I'm reading this right (and it seems straightforward to this Freep), that means that other insiders only bought 1.43 billion. . . or basically 1% over what they did a year ago. That is whoppingly unimpressive, and if one buyer really did account for nearly 60% of the buying, then the whole story is a total nonstory, imo. Anyway, if I'm reading this wrong, please let me know. . . .

quote.bloomberg.com

the freep, who dreams of the day he can buy 2 billion bucks worth of anything



To: The Freep who wrote (45614)7/15/2002 7:41:21 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
This week for earnings is HUGE.