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Pastimes : THE SLIGHTLY MODERATED BOXING RING -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (17499)	7/15/2002 10:41:20 AM
From: Dayuhan	Read Replies (1) \| Respond to of 21057

The SEC wrote that he didn't know the magnitude of the loss All that means is that the SEC had no documentary proof that he knew. That doesn't mean he didn't know. It just means they couldn't prove that he knew. public disclosure of the loss did not effect share price. An insider sale made in advance of a significant loss is generally premised on the assumption that announcement of the loss will affect share price. Just because it didn't actually happen doesn't mean the intent wasn't there. The timing and the connections are just a bit too tight to be taken as coincidence.