Saw this on CNN: Anonymous Stock tips over IRC as bad???

Bill Frantz frantz at netcom.com
Mon Jun 3 20:09:37 PDT 1996


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 at netcom.com | dead teenagers | Los Gatos, CA 95032, USA








More information about the cypherpunks-legacy mailing list