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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP) -- Ignore unavailable to you. Want to Upgrade?


To: Sean Janzen who wrote (891)4/18/1998 11:04:00 AM
From: Archangel  Respond to of 1501
 
Maybe he's p-od about his change of status within the company? A vote of nonconfidence for the new guy? Anybody got his phone number?



To: Sean Janzen who wrote (891)4/18/1998 1:44:00 PM
From: Robert C. Petersen  Read Replies (1) | Respond to of 1501
 
Sean,
Naturally, we would all prefer the insiders in the stocks we own, be heavy buyers. From time to time in my investing career, I have been forced to sell stocks thatI was convinced were winners for such a simple reason as the fact that I needed the money for various pressing uses:::i.e. pay taxes and so on.
The percentage Dr. Salari sold is not alarming, the purchase of a new house, sending kids to college would eat up that amount in a small time. So, I see nothing worrisome in this sale, if they continued in heavier volume, that woud be another story.
The thing that attracted me to this stock was the quality of the directors that this small, start-up, Canaidian company got on board.
Surely, they did not come for huge renumerations, nor did they come to have their reputations tarnished. The conclusion I come to is that they saw something in Inflazyme that was more of a possibility than a dream. As long as they do not leave in droves, I am content to wait and buy more stock at these levels.
Sean, while I am on-line, I would like to thank you for the quality of research you do for this thread....thank you...nysebob2