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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: JanyBlueEyes who wrote (499)11/23/1997 4:55:00 PM
From: Irish  Respond to of 5736
 
Janybird:
This is my first post on CCSI. First much thanks for your hard work.
I would like to make a small observation regarding insider selling as it
relates to another stock...which I have been fortunate enough to own
Radaf has gone from 1 to 16 this year. Several months ago when the stock reached 12 the CEO sold 90000 shares.A great cry went up from the post as to why he would possibly do such a thing if the stock
was going to continue up .The CEO explained that he needed the money to ensure his children's education and to care for elderly parents.
Two months later in a rather nasty market Radaf is 4 points higher
and looks to be well on it's way to new highs.

After that and other such experiences I have tried my best to realize that it would not have been wise to react. I am happy I chose to listen to the educated investers on the post and that is also what I chose to do with my CCSI.

Regards Irish