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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (10353)1/13/2003 11:21:04 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Todays action:
A ferocious early morning charge by the Bulls met fierce resistance by Bears, after which the battle waged back and forth all day to no avail to either side. Much ammo was expendid in vain.
The most serious casualty was a Major Dell of Texas, who was unseated early-on by a rampaging analyst and suffered abrasions, contusions, and a possible concussion and was carried off the field for emergency aid and overnight observation. A full recovery is expected in time.
His replacement tomorrow will be Captain Craig "Roughouse" Barrett who commands as many as 83,400 troops
from the West Coast.
Sig



To: chojiro who wrote (10353)1/14/2003 7:29:00 AM
From: mirada  Respond to of 13815
 
Hi Chojiro

Are you thinking of going long on AMCC? One of my highly regarded poster here is favoring this stock as well. It looks like they have a lot of cash in the balance sheet, I am looking into it now.

Brgds,
supak



To: chojiro who wrote (10353)1/14/2003 1:18:13 PM
From: Lizzie Tudor  Respond to of 13815
 
hi chojiro

well the problem with insider trading, now, is that a whole bunch of large buys were made by insiders in 2001 and those have fallen off yahoo. And once somebody buys 650K shares of a stock at prices between about 6.50 and 10- Like David Rickie did in 2001, and then loses 2/3 of that money in the tech bear it kindof sours them on any more open market buys.

Anyway this quicken page goes far enough back to see this stuff. I read an article about AMCC insider buying in smart money or something a few months ago, the good news is that the largest buyers are the CEO who is the person you want to see buying. Rickey started exercising options and buying in the open market in fall of 2001 and hasn't sold anything since. It looks like he has about 1mm shares at this point so I don't know how many more open mkt buys there will be from him.

Of course some other guys have sold (although in much lower quantities) so its not unilaterally good news, and of course Richie sold a lot in the bubble.
quicken.com

Some other major insider buys I remember from 2001 were 2 juniper 30mm dollar purchases by an officer at higher levels, also Ray Lane bought millions of SBYN at higher levels.
L