Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: AJ Berger who wrote (5549)	1/27/1999 3:27:00 PM
From: Dave	Respond to of 27722

I don't think we're being duped. If they want to sell, they have to file. Since the window on the IPO run up is relatively small, maybe they just want to be ready. If they did this just to run the price up, they would have a huge lawsuit on their hands as well as a lot of fines and possible jail time. I don't believe that this management group is like that. They have too much to gain over the long haul to screw this up. Dave

To: AJ Berger who wrote (5549)	1/27/1999 3:36:00 PM
From: Lane Hall-Witt	Read Replies (2) \| Respond to of 27722

Insider Sales is a hard way to evaluate this company. Look at Paulson's 20 Nov 1998 and Cheney's 25 Nov 1998 on this list: biz.yahoo.com Paulson sold for $5.25-5.28 per share, and Cheney sold for $6 per share. On 27 Nov 1998, Paulson sold more shares for $12 apiece. Why'd he sell the first lot on the 20th, given that there was a pop coming so soon afterward? And, of course, we all know that the rally ultimately went to $27. I don't want to infer too much from this, except maybe to point out the obvious fact that insider selling in the fall didn't preclude a significant rally. I do typically pay attention to insider trades as part of my DD, but in this case the evidence is ambiguous and doesn't look to me like a deal-breaker.