Path: utzoo!attcan!uunet!cs.utexas.edu!know!sdd.hp.com!hplabs!hpl-opus!hpcc05!hpdmd48!ritchie
From: ritchie@hpdmd48.boi.hp.com (David Ritchie)
Newsgroups: comp.sys.atari.st
Subject: Re: Atari Stock update (hit n now if you don't want to read this)
Message-ID: <15480011@hpdmd48.boi.hp.com>
Date: 29 Oct 90 03:57:33 GMT
References: <1990Oct23.140703.6611@cunixf.cc.columbia.edu>
Organization: Hewlett Packard - Boise, ID
Lines: 13

>Someone on CompuServe made the observation that several large blocks of
>Atari stock had been sold by insiders recently...  someone else connected
>the date of those sales to the date Elie Kenan announced he was not going
>to take the job as head of Atari North America and went back to France...
> 
>I'm wondering at what point does a stock become a "penny stock"...?
> 
>BobR

  I think that the technical term for this is 'insider trading'. The SEC
frowns on this sort of thing..... 

-- Dave Ritchie