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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: robt justine who wrote (28455)10/5/1999 9:32:00 PM
From: Loring  Read Replies (2) of 42771
 
Robt J.: Thanks and I understand, but there must be some prohibition against a company "trading" their own shares, because of insider knowledge. I didn't know it was even possible for a company to sell its treasury stock. Isn't it only viable for doling options to employees?

This is new territory for me, but I can't believe that the SEC would let a corporation do this.

Anyone care to enlighten us?
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