At 1:35 PM 9/19/95, Duncan Frissell wrote:
At 11:00 PM 9/18/95 -0400, John Young wrote:
The New York Times, September 19, 1995, pp. A1, D21.
Security Flaw Is Discovered In Software Used in Shopping
By John Markoff
On the Front Page, *above* the fold. Perhaps John was trying to make up for being scooped by the WSJ on the SSL Crack story.
Also front page, above the fold, for the "San Jose Mercury News," the newspaper of record of the Silicon Valley. And CNBC is reporting the story on its hourly updates of the news. (These computer lists are really great for investors! I heard about the Apple problems a few days before they hit the street, and was able to unload a bunch of shares at $45, a day before it dropped, now down to around $36. "He who hesitates to act on inside information is lost.") P.S. On Netscape, I've finally decided to do some buying. Sure, this latest flaw is another embarrassment. But more deals and link-ups than ever are being inked, and they've got the resources to really spruce up Navigator and related products. I just don't see too many competitors on the horizon. Actually, I was planning to buy some Netscape stock, now that the IPO froth has settled. And since I have this info on the flaw, I _have_ to buy it, else be guilty of "insider non-trading." As Stew Brownstein, a friend of mine, has noted, if insider trading rules are interpreted logically, then _failure_ to make a planned trade on the basis of insider information is just as illegal as deciding to make some trade on the basis of insider information. The SEC should require all insiders to file a daily report, preferably before the market opens in NY, listing all of their planned transactions for that day, so that violations of the "insider non-trading" laws can be detected and prosecuted. (Yes, I know that I am not an "insider" by SEC definitions. Poetic license.) --Tim May ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero Corralitos, CA | knowledge, reputations, information markets, Higher Power: 2^756839 | black markets, collapse of governments. "National borders are just speed bumps on the information superhighway."