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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Musya who wrote (4733)4/9/1998 4:23:00 PM
From: Pr-Ac Man  Read Replies (2) of 19331
 
Isn't it sort of wrong (or illegal) to give info to, let us say, only those who call the company, but not to all the shareholders through a press release?

Musya:

Welcome back. I haven't seen you around much lately.

This kind of selective informing happens all the time. For example, many company's don't publicly announce when earnings will be released. And I have gotten that information on numerous occasions by simply calling and asking the question. One could certainly argue that this gives me an unfair advantage in reading the price action of the stock leading up to the announcement. But this kind of activity is commonplace. There is, of course, a fine line. The company can't tell me what the earning's report will be prior to its release

PA
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