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Technology Stocks : Teradyne
TER 168.19+2.7%Nov 19 3:59 PM EST

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To: Jack Kunkle who wrote (719)3/2/1998 4:33:00 PM
From: William T. Katz  Read Replies (1) of 1184
 
It's stuff like this that needs to be removed from the stock market. Information that has a bearing on stock prices should not be revealed selectively to an analyst, thereby letting those with big money sell, and then informing the general public.

I'd like to see a bill passed where any information must be posted on a web site for public dissemination and the company will not be allowed to comment on anything that isn't made publically available. For high tech companies, such dissemination of information is relatively easy. Less technical companies should get a grace period before being required (as part of being a publically traded company) to make a publically available IR site.

There is no reason to filter anything through analysts who are overpaid and nowhere near "objective" bystanders. If analysts are so good, let them see the same information as everyone else and piece together stuff from general industry observations.

-Bill, who sold out of TER earlier but can't stand the Wall St BS.
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