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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (3419)9/3/1999 12:36:00 PM
From: Marconi  Read Replies (2) | Respond to of 10293
 
Hello Mr. Brubaker: VLNC CEO takeouts
Apalling! Apalling! I would think such a pattern would raise issues with the SEC insider trading probers. From historical corporate experience, any appearance of insider trading was to be scrupulously avoided. Generally that meant only trading in certain time windows after press releases. I was taught the SEC is more Napoleonic than English law--success is to be construed as evidence, and you need only be in a position to have nonpublic information. The penalties are severe--treble the gains plus prison. I wonder if there is a bounty for reporting suspect individuals if they later are found to have violated securities laws? It would be helpful to the markets in the long run to trim any untoward activities, if they are occurring.
Best regards,
m