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Pastimes : CNBC -- critique.
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To: capitalistbeatnik who wrote (2623)5/12/1999 8:41:00 AM
From: Ted David  Read Replies (13) of 17683
 
We are allowed to own GE stock and shares in the 401K mutual fund. (And there is only one stock fund in it.)

We are allowed to buy stocks so long as we hold them for 4 months after purchase. We must also notify management when purchases are in excess of a certain dollar and/or share amount limit.

We may not short, we may not buy options, we may not buy futures contracts. And, WE MAY NOT TAKE PART IN IPO'S.

And by the way, all of the above applies to our spouses as well.

Bottom line: we have some pretty stringent rules to prevent us from benefitting from our unique roles.
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