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To: jlallen who wrote (17487)7/15/2002 8:59:05 AM
From: Dayuhan  Read Replies (1) | Respond to of 21057
 
The loss Bush was aware of $4.2 million is consistent with the Company's prior performance...

You're inducing serious laughter here.

How do we know what he was aware of? Simple answer: we don't. What we can guess, being reasonably cynical people with a reasonable degree of experience in the world, is that when an insider just happens to sell out their holding just before a major loss is announced, information has probably moved without being written down on paper and placed in the file. No memo will be found in the file advising insiders that the ship was full of holes. That doesn't mean they didn't know.

If the particular insider in question was anybody but GWB2, you'd be laughing just as hard as I am at the "coincidence" claim. You know you would be. Think about it: some hapless bozo on TV claiming "I had NO IDEA when I sold those shares that the company was on the verge of announcing a monumental loss". Gut reaction: yeah, right.

Unless it's GWB2. Then the reaction has to be "he couldn't have had inside information because there is no documentary proof that he had inside information".

Get real.