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Jim,
If you can't see the difference between a "securities analyst" and some
unconnected individual who is expressing an opinion based on personal
experience, there's not much hope for a logical discussion.
Under your analogy, all of the "analysts" and stock-pickers on CNBC must be
escorted right from the TV studio to the paddy wagon to be carted off to
jail and wait for their ill-begotten profits to accrue...
"favorable information which will be released to the general public in three
weeks" could be the fact that the product actually does what it was designed
to do! Or, to use the IBM-PC analogy, Intel is coming out with a new CPU
that will quadruple the current speed of any PC just by plugging it into the
old CPU slot --
See ya in jail...
_______________________________________
At 12:02 PM 10/13/1999 -0700, you wrote:
>Ron
>
>Welcome to the busy-body club. You are apparently under the impression that
>"insider information" originates only from employees of a company. Wrong !
Look at
>the original Equity Funding case which precipitated the insider trading
laws. The
>insider in that case was a securities analyst.
>
>Of course you are right in your IBM PC analogy. Bad analogy ! Add to it
that you
>*do* have favorible information which will be released to the general public in
>three weeks and you offer this pending event as an inducement to buy the
stock and
>you could be in trouble.
>
>Jim
>______________
>Ron Augustine wrote:
>
>>
>> No, I think you and a few other busy-bodies missed the point -- the Doctor
>> said "I'm just a doctor who has had phenomenal results with the product" --
>> There is no hint of "inside information", nor is the Doctor affiliated with
>> the company.
>>
>> If I tell you that I have had phenomenal results with an IBM PC and you
>> decide to buy IBM Stock, do we both go to jail? -- Get Real!!!
>> _______________________________________
>
>
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