Healtheon's Clark Leads Other Insiders Buying Internet Stocks

James Clark, an Internet entrepreneur who started Healtheon/WebMD Corp., helped spark a trend in April by announcing he would buy as much as $200 million of that company's shares, even as Internet stocks tumbled.

Insiders at 11 other Internet businesses disclosed in regulatory filings that they, too, bought stock in their own companies last month. The list included David Wetherell, chairman of Engage Inc., an online marketing company, to Marleen McDaniel, chief executive of Women.com Networks Inc.