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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: ed doell who wrote (12483)	11/14/1997 4:21:00 PM
From: GuinnessGuy	Read Replies (1) of 29386

Ed, "Hi Steve, one of you posted the rules for insider buying and I can't seem to find it on the thread." That may have been me. Here is the URL for a set of rules that I company who is contemplating going public will have to adhere by once they have IPO'd. It's written by a big accounting firm so it should have all of the 't's crossed and 'i's dotted. Go to: Insider reporting and short swing profits ice.kpmg.com One thing that it doesn't tell you, but that you can infer, is that insiders can' very well trade their stock during the first and third months of the company's quarter. I get the impression that there are no 'hard and fast' rules concerning just how long after the company's earnings are released that insiders can trade. I suspect that two trading days after is common though. Hope this helps. BTW -- Lots of other tidbits in this document that are worthwhile reading for investors that are ready for something a bit beyond(but not much) Investment 101, IMO. Regards...Craig

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