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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: KeepItSimple who wrote (38206)11/16/2000 6:25:18 PM
From: tsunami  Read Replies (1) of 436258
 
have you seen this?

biz.yahoo.com

following is an excerpt;



As you know, you invited me to speak at your investor conference held
November 15-17 in South Carolina. At the time you issued the invitation,
you made no mention of any payments to be made. Subsequently your
organization solicited a $100,000 payment to act as a sponsor of the
conference. Based on these discussions, I and my staff believed and still
believe that the payment was a prerequisite to my speaking at the
conference. As a result I withdrew from participating in the event.

However, the larger issue is clearly conflict of interest. I believe that
you, like any credible analyst, should disclose facts, which, if public,
would help your readers to understand any potential conflicts of interest
you may have. You took a preliminary step in this direction by disclosing
in your report that: "Mr. Gilder and other GTR staff may hold positions in
some or all of the stocks listed."

However, I believe that this statement does not go far enough. The full
details of any payments made to your organization by companies about whom
you subsequently make public and putatively objective judgments should
also be disclosed to your readers.

If these payments do not influence your judgment, you should welcome such
disclosure.



would love to hear what Gilder has to say.
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