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Technology Stocks : Davox -- Ignore unavailable to you. Want to Upgrade?

To: SIer formerly known as Joe B. who wrote (347)	8/9/1998 8:31:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 439

Thanks Joe, While insider selling is a less reliable indicator, insider buying is predicated simply on the belief that the shares are a good value and will appreciate. $1.285 million is a pretty hefty commitment and underscores the view that DAVX is undervalued at current prices. Baird

To: SIer formerly known as Joe B. who wrote (347)	8/9/1998 10:47:00 PM
From: Doug (Htfd,CT)	Read Replies (1) \| Respond to of 439

Joe, thanks for the insidertrader.com data not on the "free" menu. I just use the free edition, which doesn't let one at the current week's filings. That was just filed Friday, 8/7, two days ago at the time of this writing, and didn't show up in the July monthly data I accessed. I note that this was not an option exercise, but appears to be an open market purchase of almost $1.3 million worth of DAVX at a price over 25% above its close Friday. Maybe I'm missing something, but I find this very encouraging and an indication that DAVX is good value at current levels. It also suggests to me that this sell-off is not due to some "insider" information yet to come out. Anyone have a different perspective, or information as to which director made this buy? Doug (long DAVX)