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To: Jerry Olson who wrote (1480)8/27/2002 12:48:31 PM
From: jtech  Read Replies (1) | Respond to of 1854
 
What do you think of this for a wed.close low(temporary).
Its been a pretty good month and if any insiders are planning on selling it would be an advantage to have the 40 day period.That ends Wednesday

WASHINGTON (Dow Jones)--The Securities and Exchange Commission voted Tuesday to approve new rules requiring corporate insiders and large shareholders to report trading in company stock quickly, usually within two business days.

Speedier disclosure by insiders was mandated by Congress under a sweeping corporate reform bill adopted in July.

Currently, insiders have up to 40 days to report trades in company stock executed on public markets and more than a year to report trades with the company itself.

The new rules, which take effect Aug. 29, require most insiders and those owning 10% or more of a company's stock to report any purchase or sale of company stock within two business days



To: Jerry Olson who wrote (1480)8/27/2002 12:55:35 PM
From: Frederick Langford  Respond to of 1854
 
"The World Gold Council recently reported that Asian central banks hold more than half of the world's nearly $2 trillion in foreign exchange reserves, Kerr said. In the past, only about 5 percent of reserves were in gold and the rest in low-yielding U.S. securities, but that's changing quickly, he said.
Additionally, reports suggest that the Bank of China recently raised its gold holdings to 500 tons -- up from 395 tons a year ago, according to Kerr, who expects that the bank has plans to buy a lot more gold and increase their reserves significantly."



To: Jerry Olson who wrote (1480)8/28/2002 9:42:41 AM
From: jtech  Read Replies (3) | Respond to of 1854
 
Jerry,Did ibm hit 73.78 or is my ticker acting up again?