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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: JB who wrote (12229)11/4/1997 3:54:00 PM
From: David Andersen  Respond to of 29386
 
Why does everyone expect the insiders to suddenly buy. I would assume that all of them have substantial stock options that will allow them to buy in later at no risk. It seems to me that the thread is setting up expectations that will not pan out.



To: JB who wrote (12229)11/4/1997 4:21:00 PM
From: The Freep  Read Replies (3) | Respond to of 29386
 
JB (or anyone, for that matter) -- how can something "look like insider buying"? I just gotta know. Now call me naive or a market insophisticate, but today's buying really doesn't look that different to me from the buying we had when the stock was at 10 going to 11. Nor, for that matter, does it look that different from other days of buying throughout the past year or so. So how can it "look" like anything specific?

thanks in advance,

the freep



To: JB who wrote (12229)11/4/1997 6:06:00 PM
From: srvhap  Read Replies (1) | Respond to of 29386
 
" Looks like insider buying today. Nice and steady. If I were an insider, I would really enjoy buying the stock at this price versus the 11-12 level."

Wasn't there an increase in the number of shares (~2.3MM )to cover options. I will go back and check the filings, but I don't expect insiders to do much open market buying if there was an increase in shares to cover options.



To: JB who wrote (12229)11/4/1997 10:38:00 PM
From: craig crawford  Read Replies (2) | Respond to of 29386
 
Yes, Mr. Choo Choo hype machine...

Tell us how you know that insider buying occurred.
While your at it, why don't you tell us how many days till the train leaves the station and ANCR is at 20.