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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (30674)	2/17/2002 10:20:35 PM
From: At_The_Ask	Respond to of 99280

Wow thats one of those "wish I had _______", fill in the blank with bought\sold, stories. Unfortunately we all got plenty. You're right it could affect the market for years. I think the government fears this and will perhaps take some strong actions. Maybe the safe harbor laws will get a little reworking.

To: orkrious who wrote (30674)	2/18/2002 1:01:05 AM
From: LTK007	Respond to of 99280

<<Actually, it's not. Under Safe Harbor provisions of I think the law passed in 1995>> i have been ranting about this free ticket to corruption for 4 years now:) It was as perfect a license to lie and con and get away with it,legally. If CEO Joe says in my opinion i see a great next quarter coming up and record earnings and stock shoots up but oops,they miss earnings: no crime! Why,he was,CEO Joe,that is, simply giving his opinion,therefore he can not be touched by the law. The Safe Harbor Act, is a travesty, as it allows only to sue the company but no members of management! LOL! The only way to get a case against a management member is find some "smokin' gun" that nails him with premeditated cold blooded fraud; and that's hard to do.