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Thursday, January 27, 2011 11:49:04 PM
http://en.wikipedia.org/wiki/Insider_trading
If individual shareholders are asking questions in emails to Ken or Jack or whoever is handling IR right now, they can't really be expected to answer if those emails are asking about things that just can't be divulged without giving that investor an unfair advantage.
Just because the company used to answer those kinds of emails doesn't mean they should continue to do so. To me it's a little scary to think there may be investors out there who know things I don't know. We can all guess, speculate, yes. But for one guy to know more than another because of some email is just not right.
True they should at least give an acknowledgement, something like "thanks for your email but we can't really answer that right now." I got one of those from another company's CEO just yesterday, and I respected that.
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