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Technology Stocks : Corel Corp.
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To: A. Reader who wrote (6427)3/27/1999 7:00:00 AM
From: A. Reader   of 9798
 
What a relief! I guess everything is o.k. now.
Corel jumps despite insider reports
... "The insinuation of impropriety became quite onerous for us," said Stuart McCarthy, vice-president of public relations. "The facts speak for themselves. There is no impropriety in the exercise of these options."
...Company rules also restrict trading when employees may have information that's not available to the public.
..."I don't think it's too surprising that they took advantage to sell stock," she said. "I don't think it implies advance knowledge (of a poor first quarter)."
canoe.com
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