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Technology Stocks : BAY Ntwks (under House)

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To: oldcrow who wrote (2863)11/23/1997 10:07:00 AM
From: Wallace Rivers  Read Replies (1) of 6980
 
If the CEO opines to the general public that the stock should be higher, there is nothing illegal about that!! If the CEO didn't think that way, I would be uncomfortable as a long! If the CEO's opinion is based on material fact (product releases, earnings, etc.), then this could be considered insider info. In this case, it doesn't sound like material info, rather, a confident opinion/prediction.
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