Re: [chat] Re: SCO evidence falls flat in Sydney

[Matthew Palmer <mpalmer@xxxxxxxxxxx>]

On Fri, Sep 05, 2003 at 01:08:01AM +1000, umug@xxxxxxxxxxx wrote:
> Matthew Palmer <mpalmer@xxxxxxxxxxx> writes:
> > "'It's not a pump-and-dump act,' O'Shaughnessy said."
> >
> > Of course not.  It's totally coincidental that SCO directors have been
> > flogging off as much of their stock as they can get out the door without
> > raising significant SEC eyebrows... 
> 
> I don't think selling shares alone is evidence of the pump-and-dump
> theory. Who wouldn't take advantage of the over inflated price? It makes
> sense to sell while the price is high because there's going to be a
> correction sooner or later. 

I have a slightly different view of the responsibilities of Corporate
orificers to most, I think.  They're there to protect the interests of
shareholders, not to cash in whenever it's over-inflated.

- Matt