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Politics : Idea Of The Day

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To: Sonki who wrote (18471)	5/24/1998 11:41:00 PM
From: Tom Trader	Read Replies (2) of 50167

>>employees who are granted stock options are NOT allowed to short the company stock<< I agree with AT -- I don't believe that there is any blanket prohibition as far as shorting a stock irrespective of whether one receives options--unless of course a company has a policy that specifically prohibits this from being done. More to the point is the fact that if one is an insider, this would have to be identified and disclosed--and would not exactly inspire confidence in the investment community. In any event, irrespective of whether or not corporate policy prohibits it, it would not be very smart politically to be shorting the stock of one's employer--lest this becomes known--even if one were not an insider.

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