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Biotech / Medical : Biosource International

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To: Dowscanner who wrote (412)2/7/1998 9:49:00 AM
From: Mason Barge   of 696
 
<<I don't believe co. or insiders can purchase stock until after earnings are announced>>

The company and its officers cannot purchase shares during the period from (I think) 30 days before the end of the quarter until earnings are announced. I don't know if this applies to other insiders, but it might not, since it's an SEC reg and not part of the statute. But I wouldn't want to do it, if the person had actual knowledge of an earnings surprise and bought/sold shares based on the insider info, it would be a criminal violation.
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