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Spectran Corp

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August 20, 1988 | From Reuters
The Securities and Exchange Commission on Friday charged a former executive of SpecTran Corp. with insider trading for selling his company's shares ahead of an announcement of poor quarterly earnings. The complaint alleges that Mohad Aslami, a former executive vice president, sold 20,000 shares of SpecTran's stock just before the company announced substantially lower quarterly earnings in 1986.
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BUSINESS
August 20, 1988 | From Reuters
The Securities and Exchange Commission on Friday charged a former executive of SpecTran Corp. with insider trading for selling his company's shares ahead of an announcement of poor quarterly earnings. The complaint alleges that Mohad Aslami, a former executive vice president, sold 20,000 shares of SpecTran's stock just before the company announced substantially lower quarterly earnings in 1986.
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BUSINESS
January 21, 1997 | JON D. MARKMAN
Owning stock in small, fast-growing companies is sometimes like drinking a frosty glass of iced tea on a hot afternoon. At the peak of enjoyment they both tend to become diluted and end up a watered-down mess. In the case of corporations, dilution comes in the form of a secondary, or "follow-on," stock offering. And it can really ruin your day--or decade.
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