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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST
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To: Jerome who wrote (52827)9/21/2001 4:05:15 PM
From: w0z  Read Replies (2) of 70976
 
If the AMAT janitor says something....thats hardly inside trading.

ANY employee with ANY information that is not public knowledge. Most companies train employees with access to inside information about the rules. My guess is that something like workforce reduction would be not be announced to all employees until after or simultaneous with a public announcement. This is fairly easy to do for West Coast companies because the market closes at 1:00 PM local...so you do not make announcements like workforce reductions until after that time but before most employees leave work.
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