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Strategies & Market Trends : Take the Money and Run

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To: Alan Smithee who wrote (15752)	8/21/2002 7:40:10 PM
From: MulhollandDrive	Read Replies (1) of 17639

>>The suit alleges that Ms. Stewart and her associates sold their shares for $79 million with knowledge "of the fact that Stewart was secretly being investigated for insider trading and that this would severely damage Stewart's image, the company' s most precious asset.'' Martha Stewart Living shares have plunged following revelations in June that prosecutors were questioning Ms. Stewart in connection with possible insider trading in ImClone shares.<< IMO, this could be much, much more worse for Martha than the investigation over the measly few shares of IMCL that she dumped. she certainly had material information about issues that would have a profound negative effect on the stock price. isn't this what the furor is about wrt the execs at the enrons and the wcoms ??

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