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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject5/3/2002 8:32:26 PM
From: Frank Pembleton  Read Replies (1) of 36161
 
Hey gang... a little note from from the Daily Reckoning on the SEC:

- While investors beat up on tech stocks, the SEC is getting ready to beat up on the folks who foisted these stocks on the public. "Wall Street firms have been given a two-week deadline to comply with the Securities and Exchange Commission's request for e-mails about technology, telecommunications, Internet, media and biotechnology stocks," Bloomberg News reports.

Wasn't it Elan that had "suspicions" of accounting irregularities? I'd stay clear from all sectors except for gold. Your host and moderator is now officially in the bear camp with both feet.

Regards
Frank P.
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