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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (141542)1/12/2002 11:02:03 PM
From: Bill Jackson  Read Replies (1) of 1586313
 
ted, I think they can only try to block sales, if the employee says sell, they must sell, is that not the case?
As far as I know the stock is free trading stock once in the account and can be sold at any time with some being held back for taxes.
Now this is the case if the plan was at a broker. If it was held by a broekr for the company it still seems to me that the shares can be sold if the employee instructed that they be sold?

Are you telling me that Enron falsely told the employess they cannot sell the stock or in some way placed a trade block on it?

That is criminal actions, IMO. To the wolves and make the operators of Enron disgorge, as well as go to jail for many years.

Bill
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