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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Road Walker who wrote (10735)7/25/2000 3:08:05 PM
From: GVTucker  Read Replies (1) of 17183
 
RE: Quiet periods

Note that 'quiet periods', whether for earnings or IPOs, is entirely motivated by the company. There is no law or SEC mandate that compels a company to have a quiet period.

That said, there is a certain justification for a company to let the prospectus do the talking in the instance of an IPO, and thus avoid any appearance of promoting the issue. I can find little justification for an earnings quiet period, OTOH, and it usually is just a cop out by the company that uses the excuse.
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