Correct me if I'm wrong, but doesn't 'insider trading' refer only to when a
individual or corporation profits from shares on the stock market (or other
securities) by either buying or selling shares with 'insider' knowledge that
a particular company event (a product release or annual forecast) will
effect the share price?

I didn't think it related to divulging product info to the public. (ie
telling people that a new product is going to be release before the company
makes any statements). That would just be disclosing company secrets... not
profiting from the company's share price. I think insider trading only
refers to when you buy or sell shares with 'inside knowledge' hence 'insider
trading'.

Benjamin



----- Original Message -----
From: "Michael Dinowitz" <[EMAIL PROTECTED]>
To: "CF-Community" <[EMAIL PROTECTED]>
Sent: Friday, January 04, 2002 3:39 AM
Subject: RE: I was wrong


> Any non-publicly released information about a company by people inside the
> company or people in certain relationships to people in the company that
is
> used to change the stock price can fall under insider trading. On the
other
> hand, information that is overheard can be considered non-insider trading
> in many situations.
> If you heard some information about an Apple product and posted it up to a
> website then you are can be looked at in that category. Remember that
> lawyers will use a lot to get their way. 1st amendment is a joke to them.
I
> saw an article about a new Apple handheld today and the site was down
> almost immediately.
>
> At 11:38 AM 1/3/02, you wrote:
> >How would making a web site about a secret product be insider trading?
> >
> >-rc
> >
> > > -----Original Message-----
> > > From: Michael Dinowitz [mailto:[EMAIL PROTECTED]]
> > > Sent: Thursday, January 03, 2002 11:27 AM
> > > To: CF-Community
> > > Subject: I was wrong
> > >
> > >
> > > I just checked it out and the stuff I mentioned about being
> > > able to speak
> > > on overheard topics was concerning insider trading. I'll have
> > > to refer you
> > > to slashdot's archives for first amendment issues and
> > > overheard stuff.
> > >
> >
> 
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