Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: minnow68 who wrote (118081)	6/28/2000 3:22:00 PM
From: Bill Jackson	Read Replies (1) of 1573930

Mike, In this day and age with electronic trading we can flag all shares held by insiders so when they are sold we know that instant. The same goes for all of us. It would be easy to link our names and the shares we had and at what price we bought and sold. We would soon know who lied and who did not. Would you like that kind of world? I think not. The principals are supposed to be for the company and I can allow them some sales as time goes by to cash in etc, but if they start to dump in volume I want to know right quick. Big blocks need to say in advance, but the engineers on the line at Intel/AMD/Etc can cut and run if they see a cow coming down the line and we will never know why the shares tanked until the cow emerges and then we all know. How many times have you seen this happen? A selloff and then the word gets out about a bad problem etc. I can see some logic in sles tracking shares held by employees so when we see a surge in those sales ...we expect the cow. The general investor public with a tiny shareholding....keep it secret. The IRS and my brokers know, that's enough for me. Bill

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