[Gllug] New twist in SCO saga

[Alistair Mann]

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Thus spaketh Doug Winter on Sunday 15 June 2003 10:00 pm:
> On Sun 15 Jun Alistair Mann wrote:
> > Are you aware the above puts you in breach of UK 'Insider Trading' laws?
> > (And him the US laws) It doesn't bother me, but with the possibility that
> > the stock price was artificially raised by company officers (by method of
> > suing IBM), you might want to be careful about coming to the FSA's
> > attention!
>
> Unless he has bought or sold any shares in SCO, I think he's pretty safe
> from the FSA in this case :>

It's a common misconception, but it isn't true that one has to actually trade 
on inside information in order to commit an offence. In fact, propagation of 
inside information can count as it is 'likely to cause a market distortion'. 
(Financial Services and Market Act 2000, Section 118-2c.)

But that digression is not really topical. Topical is that no-one here will 
trade SCOX because OP's friend has not forwarded his 'verified' evidence of 
GPL violation to the EFF (or has he?). It's a simple truth issue.
- -- 
Alistair
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