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To: Madharry who wrote (17719)9/20/2003 9:34:12 AM
From: rjm2  Respond to of 78537
 
While I certainly believe there is some option abuse, insiders still have money and still have special knowledge of their companies. And I dont think the repricing is as flagrant as you make it out to be.

And regardless of any options, if they see their shares as a bargain, they will buy them.

What you are saying is like a millionaire is walking down the street and sees a $100 bill, your argument is he might hurt his back by bending it over and picking it up.

My argument is if the risk/reward is favorable, he is going to pick up that $100 bill.

Thus, its my contention that the reason insiders overall are not doing much buying is that collectively, they dont see a very bright future for their shares. At least not without lower prices first.