[Howlin]

What would I have done with information that was obtained illegeally, whether it be from the owner or her broker, is that your question?

Isn't the point that she had information that she wasn't entitled to, regardless of how she got it?

The thing is, I would have done the RIGHT THING....and taken the loss......as the rest of the people who owned that stock had to do.

The real irony of this case is that the information Waksal got wasn't exactly right -- the drug wasn't passing a FEW GUIDELINES.

It was approved on February 8th of this very year.

[Bonaparte]

"...I would have done the RIGHT THING....and taken the loss..."

And that potential loss would not have to be a complete disaster. An immediate call to the SEC would put you in line for a bounty which would compensate you (in whole or part) out of the proceeds of any dollar penalties imposed. Your complaint would almost certainly initiate a preliminary investigation and, if the subject of that investigation were prosectued and convicted, you might even be able to recover more in litigation against him. It was he who put you in the position of having to either join him in criminal conspiracy or lose your ability to freely trade your shares. In doing all this, you would not only be protecting your own interests as an investor but striking a blow for market viability and investor confidence in general.