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To: Dale Baker who wrote (190)11/5/1997 2:13:00 PM
From: David Alan CookRead Replies (1) | Respond to of 118717
 
Dale,
I tend to invest in microcaps versus trade . . too easy to swing the momentum one way or another on small trades. Thus, I tend to take large concentrated positions and then just to hold them as long as my reasons for buying the turnaround remain intact. Should see a smaller loss in TSSW during the 3rd qtr as compared with the 2nd qtr even though TSSW will have PC-Cillin 3 sales for about 7 weeks. In the 4th qtr, TSSW will have a full qtr of PC-Cillin 3 sales, about 7 weeks of Checkit version 5 sales and one or more e.support contracts.

DC

I agree that one should look at several factors when watching insider buying / selling:

1) Caliber of buyers . . recent history / results
2) industry patterns
3) number of buyers sellers
4) Percentage of holding
5) releative size of buyers
6) transacition size



To: Dale Baker who wrote (190)11/6/1997 4:08:00 PM
From: MENSORead Replies (1) | Respond to of 118717
 
>>> Go back in the thread and look at the ROMT debate. No one produced numbers saying insider buying amounted to more than a handful. <<<

Give me a break, Dale. You don't expect insiders and others eyeing the company to order blocks of 50,000+ shares all at once, do you ?

This is a thinly-traded stock. It has to be traded gently. The best way for them (and us) to take advantage of this unfolding play is to accumulate gradually. Don't buy large blocks. Don't hype it. Don't run-up the share price before we are all done buying. Let the fundamentals do that nicely later after we have all bought all we can carry.

Here's only the very latest example of what I'm talking about:

ISSUER: ROM TECH INC.
SYMBOL: ROMT
FILER: KLEIN GERALD W
TITLE: Chief Financial Officer (CFO)
PURCHASED: 10/28/97 25,000 $2.00
OWNERSHIP: 75,000

I don't know about you, Dale. But I certainly don't profess to know more about the company, its rapidly growing revenue base, and its creative plans to meet new NASDAQ listing requirements without dilluting share value than the company's own CFO...

: )



To: Dale Baker who wrote (190)11/24/1997 7:48:00 PM
From: MENSORespond to of 118717
 
>>> No one produced numbers saying insider buying amounted to more
than a handful <<<


INSIDER TRADING CHRONOLOGY FOR ROMTECH (ROMT)

(According to Vickers Stock Research Corporation)

DATE NAME TRADE QTY PRICE HOLDS

10/28 Gerald Klein, CFO Bought 25,000 $2.00 75,000
10/24-10/30 Odyssey Capital Sold 60,000 $1.95-$2.04 1,151,674
10/18 Odyssey Capital Bought 374,459 $1.40-$3.30
10/10 Thomas Murphy, CT Bought 7,000 $1.91 7,000
10/07-10/27 William Acheson, VP Bought 2,600 $1.87-$2.00 50,600
09/23-09/29 William Acheson, VP Bougth 17,000 $1.78-$2.00 48,000
09/02 Gerald Klein, CFO Bought 20,000 $1.16 50,000
08/01 Gerald Klein, CFO Bougth 10,000 $1.28 30,000
07/14 William Acheson, VP Bougth 21,000 $1.31 31,000
07/01-07/09 Gerald Klein, CFO Bougth 20,000 $1.50-$1.56 20,000
06/23-06/25 William Acheson, VP Bougth 10,000 $1.50-$1.63 10,000