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Biotech / Medical : CYBR CyberCare the new look of healthcare -- Ignore unavailable to you. Want to Upgrade?


To: sommovigo who wrote (2131)6/12/2000 1:00:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 3392
 
Jetter - what I am saying is that the information itself was immaterial.

CYBR went up, what, about 15, 20% on the news? I'd tend agree the news doesn't mean much in regard to the big picture, BUT, it moved the stock, and moved it significantly, and anyone who got the info early was able to buy ahead of the fact and sell into the reflexive rally the news triggered, for a significant profit.

Ergo, the information was material.



To: sommovigo who wrote (2131)6/12/2000 6:33:00 PM
From: Jetter  Read Replies (2) | Respond to of 3392
 
somm,
sorry, but you are not even close. If you imply that leaking company information as to the quantity and quality of press releases being released the next day is not matterial than I don't know what is.

Its the very nature of inside information, information coming from the company that is directed by the company for the companys benefit.

As for a reporter (who by the way is in no way connected or associated to said company)reports the facts, those facts can and do come from numerous sources, which are under no obligation to inside information regulations.

Sorry somm, but it appears that cybr has some explaining to do. Sorry, let me restate that.... CYBR has a lot of explaining to do....

Wonder how those $500mm contracts are coming... Ha

Peace