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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Sharkey who wrote (12221)11/4/1997 3:56:00 PM
From: trendmastr  Read Replies (3) | Respond to of 29386
 
Patrick: All this conjecture of insider buying raises the question of just when the window opens for such transactions to take place. As counsel to the SI ANCR board (send all bills to iceburg), what is your opinion on this? I'm not sure I remember my insider trading 101; I thought I could sell after it was certain that all news that was released at earnings time had time to filter down to the unwashed masses, in our case I believe it was 2 days, though it could have easily been 4. I also seem to remember something about every company has the right to set their own parameters, subject to their attorneys' comfort factor, within certain general rules. Can you help re-educate me?
Thanks in advance.
tm



To: Patrick Sharkey who wrote (12221)11/4/1997 6:02:00 PM
From: srvhap  Read Replies (1) | Respond to of 29386
 
Patrick, I called and asked for a copy of the amended complaint and was told that it was not yet filed, in fact it would be filed in ~39 days. This should of been obvious to me yesterday (if it were already filed it would be public knowledge). I will get a copy (anyone can) as soon as it becomes public.

PS - Kerry, I don't consider my questions "whining" but then I suppose someone such as yourself who always seems to write in a condescending tone could not have selected any other verb. Also, you seem to jump at every opportunity to ridicule the investment decisions of those who post their choices, I am curious do you ever post anything about your decisions that is not well after the fact. (glass houses and all that)