Firstwave Technologies, Inc. (FSTW) Message Board

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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: Earthdog who wrote (1165)	6/18/1998 8:00:00 PM
From: Buddy M	Read Replies (2) of 1205

Earthdog, a blackout is a period set by the company during which its employees are not allowed to trade in their stock. The times vary and the employees allowed to trade vary. In the company I work for the division is basically exempt vs non-exempt. However there is further rules to the employee, if you have access to company information you are not allowed to trade during the blackout period. Our blackout is simple - No trading 30 days before the end of each quarter - until two days after the earnings announcement. I have seen the black out period for a small company going through a great transition, to have a continuous period until the company is straightened out. And it could be that all employees are held to no trading. Buddy M

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