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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (6601)	1/25/2006 11:07:16 PM
From: KeepItSimple	Respond to of 15857

Have you ever heard of a selling plan being audited? Nope. Also, even if the plans WERE set in stone, the timing of press releases can be contorted around sale dates in order to get the most favorable profit scenario. Bad news in the pipeline? Hold off announcing it until after the planned sale goes through. There was an article about this in the WSJ a month or so ago- so it's not just me. They stated there is no accountability or auditability or public ANYTHING with these "predefined sales plans" No dates of sales are required to be announced in advance, nor are any amounts. Google is unusual in that they stated the 20% dumping would happen, but they didnt give specific dates for the amounts. Other companies usually dont reveal anything at all. They dont file them with auditors. They could be either scribbled on the back of a napkin, or not exist at all. There is no way for any regulatory agency to know. The only purpose of these pre-defined "plans" is to sucker the sheep. -------- But plans have to be in writing and then can't be modified. So they are subject to review or audit.