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Politics : Formerly About Advanced Micro Devices
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To: A. A. LaFountain III who wrote (62151)6/17/1999 3:15:00 PM
From: grok  Read Replies (2) of 1574328
 
Tad, thinks for this info which was vrey informative in dealing with insider information and how someone could get in trouble if they act on it AND if they profit due to it.

However, we've had several postings on a slightly different subject but maybe my use of the word "juicy" has confused things. Could you please just verify if I have the following correct:
1. Management of a company has obligations to inform investors if they come into knowledge of something (like not meeting quarterly expectations) that could affect stock prices.
2. These obligations are not limited by time, i.e., they should inform whenever they learn such news.
3. During non-quiet time management can give "selective guidance" to individuals like you for example on how they are doing.
4. During quiet time they cannot give this selective guidance but all guidance must be non-selective meaning that they've gotta tell everyone at the same time by press release or conference call.
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