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Gold/Mining/Energy : USA Video Interactive (US:ASE)

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To: Ed Pakstas who wrote (871)1/17/1998 12:50:00 PM
From: Clark Kent  Read Replies (3) of 1841
 
I can tell you this... If it was my company and some peon shareholder started to call my clients and started to ask questions about my company or it's business relationships...I think I'd seriously consider calling my lawyers to see what we could do about you...

Well, that is exactly what I did as part of my DD with Hall Train. I called Spar Aerospace to find out if they were working on a hydraulic robot for the new Universal theme park in FLorida, as Hall Train claimed.

If I were invested in a mutual fund and they were considering taking a large (or small) position in a high risk VOD (video on demand) company I would be a little more than annoyed if the mutual fund manager didn't call Rogers to confirm/verify or get an update on any MOU's Rogers might have with the company the fund is considering investing in.

In fact if the VOD company didn't want people to check their story then maybe they shouldn't be a public company.

Too many small investors (and large ones:see BXM)owe it to themselves to clarify/verify everything, and not leave it to the security regulators or newsletter writers to do their DD for them.

I'm not suggesting that we all get on the phone and try to reach Rogers on Monday morning Ed, but I wouldn't stop an investor from doing what he thought was necessary as part of his DD.

These are the views of an investor burnt one too many times....

Cheers
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