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Technology Stocks : Compaq

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To: Kenya AA who wrote (56892)4/11/1999 2:09:00 AM
From: rudedog  Read Replies (1) of 97611
 
K -
can only sell their stock at certain times
This is standard practice. The senior executives are "windowed" and can only sell in a narrow period after earnings are announced - I think they have to declare within 2 weeks. This is designed to eliminate any suggestion of insider selling. Virtually every big company has rules like this - at least all the ones that I am familiar with have these policies.
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