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To: Paul Shread who wrote (7345)9/19/2001 10:04:42 AM
From: William  Respond to of 8218
 
I see that you are "Founder and editor...", so that any comment from a high up corporate would be in violation of reg FD which could cost the company a fine and the individual their job. Somehow you have failed to convince me, not that that matters at all. Just do a favor to your high up corporate, stop putting their job in harms way.

William



To: Paul Shread who wrote (7345)9/19/2001 10:39:41 AM
From: uu  Read Replies (2) | Respond to of 8218
 
Dear Paul:

You state:
> I posted it because it was coming from a pretty reliable place and seemed to be very strong, and was curious if others had heard the same.

A couple of points:

a) If it is coming from a very reliable high place within IBM, then why on earth do you care and curious if others (the regular Joe on the street) had heard the rumor. In otherwords if you have heard it from a reliable high IBM source, then it no longer is a rumor. And considering you are a cyber journalist (but a Journalist nevertheless) you should also post that on your web sites as well for all to see instead of positing it on a place such SI (or perhaps you already have?).

b) Tell your high IBM corporate contct that SEC will be after both you and him/her, since the kind of information (i.e. earnings warning, and layoffs) you have shared on a message board such as SI is considered to be insider information, and should they become true, I can guarantee that SEC will be coming after both of you (Or at least I will make sure they are aware of this to investigate further).

Sincerely,



To: Paul Shread who wrote (7345)10/17/2001 9:56:25 AM
From: uu  Read Replies (1) | Respond to of 8218
 
Paul,

Incidentally what happened to your high corporate contact who told you IBM would pre-announce a warning plus announcing layoffs, etc.?!!!!!