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  #1 (permalink)  
Old 11th September, 2004, 07:54 AM
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ATI IN TROUBLE? Insider trading hearings set for ATI

Insider trading hearings set for ATI
The allegations have been hanging over the company since January 2003.
DAVID PADDON, CP 2004-09-11 02:03:34

http://www.canoe.ca/NewsStand/London...11/624243.html
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Old 11th September, 2004, 07:59 AM
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stuff like this completely ignores human nature.
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Old 11th September, 2004, 08:07 AM
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whadda ya mean?

Us Canadian's are getting busted for it all the time!
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Old 11th September, 2004, 08:35 AM
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OK the aritcal says that they didn't infor thier stock holders soon enough and they sold and made millions.

That could be done in 2 ways.
The first is that there was an audit and it was found that they were losing money or not going to make as much money as thought and they kept this info secret until they had sold all thier stock. That would be criminal.

Second, there could have been a schedualed shareholerd disclosure which was preceded with an audit. This audit showed that they were losing money. Management was shown that they were losing money then tried to dump thier stock immeadiately instead of waiting until it was public knowledge. That is human nature.

To bad for those involved both situations carry the same penalty, just ask Marta Stewaurt.
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Old 11th September, 2004, 08:48 AM
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yeah..so they is in trooooouble...

how long before there is some meltdown?
uh...any new cards lately?
anyone seen an x800 hit the shelves lately?
Have they paid TMSC?
lol
it goes on and on and on....
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Old 11th September, 2004, 09:52 AM
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Thanks Cadaveca, Front page!
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Old 11th September, 2004, 07:24 PM
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no problem...kinda spells impending "DOOM3" for the ATI heads....the "HALF_LIFE2" that they were expecting to experience with the added money, but with the current releases of technology, and current allegations of false advertizing with the "vaporware" HL2, looks like thier ideas may have been a little "UNREAL".......
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Old 11th September, 2004, 07:41 PM
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very punny Dave
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Old 19th September, 2004, 12:52 PM
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Heh.
You guys!

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Old 19th September, 2004, 06:41 PM
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Quote:
Originally Posted by Staz
OK the aritcal says that they didn't infor thier stock holders soon enough and they sold and made millions.

That could be done in 2 ways.
The first is that there was an audit and it was found that they were losing money or not going to make as much money as thought and they kept this info secret until they had sold all thier stock. That would be criminal.

Second, there could have been a schedualed shareholerd disclosure which was preceded with an audit. This audit showed that they were losing money. Management was shown that they were losing money then tried to dump thier stock immeadiately instead of waiting until it was public knowledge. That is human nature.

To bad for those involved both situations carry the same penalty, just ask Marta Stewart.
That's because they have a fiduciary duty to act in the interests of the stock holders rather than their own, that's what they are paid to do. when The guys losing the money bail and stick those who trusted them to take the losses THEY presided over, there SHOULD be serious jail time, but there never is. Either way it's insider trading, a criminal act, if criminality is human nature your right... but then so is murder.

Martha just an scum bag cheating out of habit, when there is little to gain. Why people believe her pr, when she created it, is beyond me.
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Old 19th September, 2004, 08:02 PM
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Because she's hot!?
Because they love her buns?
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I want my money back...
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