Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (4299)	4/18/1998 11:48:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 9343

perhaps you arent understanding my question I dont mean lock out as in i have to hold the stock x numbers of years before I can sell I mean lock out I have access to earnings and I cant sell until announced I have an agreement where I can monitor the company and thus I am an insider (or other various legalities that VC's come up with for control/monitoring factor and if you know VC's you know what I am talking about) or I have X % of the company and governed by certain SEC rules etc this is important because if there was some kind of lock out it changes the dynamics of the sell SOMEWHAT versus ...opps we just saw earnings like everyone and we dont like them and we are taking our money and running here was my question: have an SEC question as I am not familiar with these rules Someone told me that the 1.2 million shares that the "venture capitalists" wanted to sell on XCIT after hours could have been sold before the close if it was because of earnings...because they would have been able to see the earnings ahead of time and get out before the close.... thus something "fishy" about the rumor.. BUT...if they had access to the information about earnings PRIOR to the release...wouldnt they be governed by the insider trading rules..or something else at the very least...