From June of 98 to June of 99 the board members were pretty much holding onto their shares. From June of 99 until now a couple of board members are dumping large #'s of shares. No board members are buying any. What is this telling us ???
Where are you getting your insider sale info? If I check out the insider option off of this board I see very little unusual insider activity -- less than 1/2 day worth of average volume over 3+ months -- most of it one individual and most of his options. Most of what is there appears to be exercising options at a time when the stock was at its peak -- hmmmm.
What this is telling you is that there is one individual who decided to cash in some options at a very nice price (in recent memory, anyway). Outside of this one individual, and outside of option exercises, no one sold more than 500 shares - hardly anything to be alarmed about.