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To: David Lawrence who wrote (1571)6/2/1998 8:58:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 32873
 
The larger issue about private messages is whether they exist "forever" on SI as public ones do. By their very nature, they are used to communicate information that is too sensitive to be public. It certainly is not beyond the realm of possibility for the SEC to subpoena all messages, public or private, that mention stock "xyz". Just think of all those messages you started with "Please don't tell anyone I told you this, but..." :=0.

As we don't have access to our own private messages after a certain period of time (i.e. depending on how fast we reach the 80 message limit), then there really is no point in SI keeping them anyway, and thus perhaps they should just be purged.

I suppose you could argue that one shouldn't write a private message that one wouldn't ever want to be seen by anyone, but, heck, they are so darn convenient and often times they are the only means to communicate with "anonymous" people.

David, what do you think?

- Jeff

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