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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 28.05

+5.2%

Oct 30 3:59 PM EDT

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To: Bob Trocchi who wrote (5616)	10/25/1999 2:37:00 PM
From: BelowTheCrowd	Read Replies (1) of 5736

Good point Bob, If Darby is meeting with select people and disclosing material and nonpublic information, the SEC probably would want to talk with her. If Metsin has knowledge of her private schedule and the topics of her meetings, then he's disclosing material nonpublic information too. [Yes, a CEO's schedule IS material information, as it sheds light on the firm's activities and particularly on its relationship with key partners, investors, etc. When I was at Morgan Stanley years ago, the rule was simple: You don't even leave a message saying what CITY you're in. That alone could give away more information about your activities than was legal, not to mention pissing off a client.] Let's say Metsin had knowledge that Darby was making a pitch to a particular group of analysts. (I am not stating that this is the case, just a hypothetical situation.) That information WOULD be considered material, as the results of the meeting could cause the stock to move significantly. Personally, I think it's all made up or imagined. mg

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