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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Young D.T. Nguyen who wrote (2378)	8/31/1998 12:25:00 PM
From: Mama Bear	Respond to of 18998

Young, there are many ways for insiders to cash out their equity without revealing it in SEC filings. Regardless of that, I think the person that makes 50k per year is hurt more by losing a "few thousands" than somebody that has $7.5 million in the bank that loses "10s of millions" on paper. I'm not sure about you, but I could retire on $7.5 million, and live the rest of my life in splendid comfort. The fact of the matter is the minimal insider buying is waved by shareholders as some sort of sign of strength, when the reality is that they bought only a token amount compared to what they sold. I don't think that the sales were done in a secondary offering changes anything, sold is sold. Barb