At 3:18 PM 6/3/96 -0400, Perry E. Metzger wrote:
Black Unicorn writes:
There is a simple solution to avoiding liability. Don't trade in your own company's stock.
In reality, of course, you are fairly safe so long as no one is looking for your head and you aren't trading based on company secrets. However, in theory, its possible to prosecute almost anyone.
I hope insider trading never applies to the Company Stock Purchase plan or Stock Options. Otherwise they will kill the goose that lays Silicon Valley's golden egg. (I am always paranoid when the rules are vague and the penalties draconian.) ------------------------------------------------------------------------ Bill Frantz | The CDA means | Periwinkle -- Computer Consulting (408)356-8506 | lost jobs and | 16345 Englewood Ave. frantz@netcom.com | dead teenagers | Los Gatos, CA 95032, USA