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To: jlallen who wrote (17576)7/16/2002 7:49:37 AM
From: Dayuhan  Read Replies (1) | Respond to of 21057
 
Of course not. It's perfectly ok for a company insider to trade on the basis of privileged information, as long as the insider leaves no documentary evidence of having received the information and the stock doesn't do what the insider thought it was going to do at the time the trade was made.

I didn't say there was a case to be made or that the incident had resulted in harm or foul. Only that it provides some indication of the man's character, and raises some questions about his commitment to corporate ethics.