From: frantz@netcom.com (Bill Frantz)
Date: Tue, 4 Jun 1996 11:09:37 +0800
To: unicorn@schloss.li>
Subject: Re: Saw this on CNN: Anonymous Stock tips over IRC as bad???
Message-ID: <199606032229.PAA17614@netcom7.netcom.com>
MIME-Version: 1.0
Content-Type: text/plain


At  3:18 PM 6/3/96 -0400, Perry E. Metzger wrote:
>Black Unicorn writes:
>> There is a simple solution to avoiding liability.  Don't trade in your 
>> own company's stock.
>
>In reality, of course, you are fairly safe so long as no one is
>looking for your head and you aren't trading based on company
>secrets. However, in theory, its possible to prosecute almost anyone.

I hope insider trading never applies to the Company Stock Purchase plan or
Stock Options.  Otherwise they will kill the goose that lays Silicon
Valley's golden egg.  (I am always paranoid when the rules are vague and
the penalties draconian.)


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