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To: Ian@SI who wrote (147562)11/17/1999 12:14:00 PM
From: GVTucker  Read Replies (1) | Respond to of 176387
 
(slightly) OT, RE: earnings quiet periods

There is no SEC regulation. A quiet period prior to earnings is imposed by some companies voluntarily under the theory that this helps to prevent selective disclosure, and, to a lesser extent, leaks.



To: Ian@SI who wrote (147562)11/17/1999 12:47:00 PM
From: Lee  Respond to of 176387
 
Hi Ian,..Re:.unable to find any precise definition of the so called "quiet period" prior to earnings.

Found this definition in an investors glossary several weeks ago. It's not altogether a satisfactory explanation though. <g>

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quiet period
The period starting when an issuer hires an underwriter and ending 25 days after the security begins trading, during which the issuer cannot comment publicly on the offering due to SEC rules. see also cooling-off period.

investorwords.com
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Cheers,

Lee