Info 202 Fall 2011

In today's (Oct 24) lecture I mentioned the notion "material disclosure" - the requirement for public firms to reveal important information so that "insiders" don't have non-public information they can use to  make money by buying or selling their stock.  We also mentioned the 180 day "lockup" period after a company goes public during which employees can't sell stock, which has some of the same motivation.  In today's Wall Street Journal there is a front page story about how a lot of luxury merchants in Silicon Valley are counting down the days to November 21, when LinkedIn's lockup period expires.

http://online.wsj.com/article_email/SB1000142405297020365880457663943346...

is a link to the story, but because it is behind the WSJ paywall it will expire on October 31.