``Yes, of course they should have an idea how their actions/inactions might be perceived by the markets, but that doesn`t mean someone`s getting on the phone and placing an order because the company intends to release information that will drive the stock down. They`re not calling the firm that`s handling the buyback and telling them to BUY LIKE MAD! That`s insider trading!``

Actually, it depends on the timing. IF they called their broker and said ``BUY LIKE MAD!`` after the 8K was filed/revealed to the world AND the time of day provision was met, they could do exactly that. It`s only insider trading if they trade on information not available to the public. After an announcement/filing, they are free to act (and I hope they did!). You said ``intends`` suggesting ``in advance of the filing``, so I thought I`d clarify. After the fact, they can take advantage.

Just keeping the record straight!

`Cuz this I KNOW!

SGE