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Biotech / Medical : Pluvia vs. Westergaard
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To: ak who wrote (204)8/25/1997 2:16:00 PM
From: JEFF CHAPMAN   of 1267
 
This sounds all well and good, but I still see that only members of WIBN are profiled positively (correct me if I'm wrong). Also, you're publication is free, so you cannot present a role of objectiveness, since your company is sustained by revenues of the companies you profile.

>>>12. In accepting lease payments, WIBN will by definition have a fiduciary relationship
with PLSIA. Services rendered to PLSIA will only be of value to the company,
however, if WIBN maintains a reputation for independence and integrity of its research
in a manner no different than a Morgan Stanley or Goldman Sachs and other
investment banking firms have maintained their reputations for providing respected
research on their investment banking clients with whom they have a fiduciary
relationship. In the event there is unresolvable disagreement between a member affiliate
and WIBN over material to be presented on a member affiliate site, the lease will be
subject to a cancellation clause. For a preliminary view of what a WIBN Cyberstation
will look like, GO TO www.wbn.com/IDX.
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