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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (148908)11/20/2001 8:02:45 AM
From: Amy J  Read Replies (1) | Respond to of 186894
 
Ibexx and Thread, "THE POWERFUL Securities and Exchange Commission took action today against a total of 15 people for the alleged insider trading of Nvidia shares, the Wall St Journal reports."
...
"The WSJ said that the 11 Nvidia employees received an email from the CEO of Nvidia five days before a deal with Microsoft to use its graphics techology in the X-Box was announced. The same email went out to all Nvidia staff."

"That prompted the 11 employees to involve four other people and trade in shares of Nvidia, knowing that the shares were likely to rise on the news, the SEC alleges."

ww.theinquirer.org

interactive.wsj.com

Regards,
Amy J