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To: G. H. who wrote (15153)9/20/1998 2:59:00 PM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
GH:

Thanks for that.

It actually is the 2nd - Corrigan did one in November.

Considering that LSI is normally heavy into selling the above,
your one (hopefully it is someone other than Corrigan!) and the option related exercising without selling that took place recently are all good things.

Yup the insider buying thing is very real in the overall market - I
posted those rough calcs the other day showing how much the
pendulum has swung since Feb almost going from one extreme of the
swing then (very heavy selling around the early - mid part of the
year) to the exact other side now (very heavy buying - more than
I have ever seen in over 2 or 3 years - the ratio is now about
3 buys to every 1 sell - normally it is 1 buy to every 2.25 sells and early this year it was maybe around 4-5 sells for every 1 buy. So whereas in Feb there were for 3 buys about 12-15 sellers today there is a measly 1 seller - this is truly an amazing turnaround and one that makes me quite pleased over the next 4-6 months <g>)

On another topic about small caps:

Stocks gained ground again last week, and small and micro-cap stocks
actually outperformed for a change. In fact, it appears to be the
first time since March 27 that the MicroCap50 and the Russell 2000
both had weekly gains which outperformed the Dow. And would you
believe that the MicroCap50 had its largest percentage weekly gain
since October 3, 1997? It's still too early to predict a major rebound
for small and micro-cap stocks, but this week was certainly a step in
the right direction
from: smallcapinvestor.com

Shane.