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Biotech / Medical : Cell Therapeutics (CTIC) -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (617)	3/16/2005 9:06:09 AM
From: Icebrg	Respond to of 946

Actually, the two previous transactions were not straight buys, but options excersizes (sp). Given his background and the number of boards he is presently on, he should have a fair idea about what he is doing. The question is only why. He has as far as I know never bought stock from the market before. The size of the transaction most probably means this is like change for him. So, why bother at all buying 5000 shares? Erik

To: tom pope who wrote (617)	3/16/2005 12:46:23 PM
From: Sam Citron	Read Replies (1) \| Respond to of 946

Tom, Here's a table indicating how well insider buying predicted subsequent stock price increases in biotechs from 1996-2001. The exact specifications of the model are not indicated. And the author notes that the 2002 results were a disaster. amazon.com Sam