Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Rob S. who wrote (25257)	1/16/2000 12:45:00 PM
From: trouthead	Respond to of 27307

I believe there are two different issues being discussed. One is the lockup of Optioned shares. I think this only applies to shares thathave vested, which are owned by the employee the day the company goes public. There is usually a 6 month lockup when no insider can sell. Once this period has passed there are windows to sell established by the company when insiders can sell. It is usually a few days after earnings and up to several weeks before the next earnings report. If you are not in the window you can't sell. If you do sell you don't have to wait for a shareholder lawsuit to incurr fines and penalties. They can be levied immediately. I have a close friend that works for a recently IPO'ed internet company. My info is second hand from him. I may have misunderstood some of it. Good Luck jb