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Re: Snackman post# 126695

Friday, 07/28/2006 1:10:08 PM

Friday, July 28, 2006 1:10:08 PM

Post# of 249379
Snackman,

f Wave had a material event happen they would have to announce it by law.



This has been discussed for years and years. By now you should know better.

1) there is no law for filing news. Law implies Congressional law. the SEC has rules.

2) SEC rules can easily be circumvented with regard to PRs

a) the documets are still in transit
b) the person in charge is out of the office
c) the person in charge had not signed yet
d) it is still under "final" review
e) etc

I can probably list 20 more "delays" that can be fabricated to time PRs when they wish to be released.

You follow the market. Look at the RSA show. How many news items just "happen" to be released just before or during RSA? PR timing is what Jaffoni and Collins do. It is what Trippi was spefically hired for when he consulted for Wave. I would be comfortable guessing more than 50% of all PRs are timed for release.
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