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Microcap & Penny Stocks : Panther Resources Ltd. (PTHR NASD BB)
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To: JRB who wrote (445)8/15/1998 7:09:00 AM
From: pete meyer  Read Replies (2) of 618
 
Funny you should say that......this is not our GM

By THOMAS HIRSCHMANN
The Financial Post
The Toronto Stock Exchange has taken note of the proliferation of Internet rumors
about listed companies with a set of proposed electronic
communications guidelines.
The guidelines, released yesterday, are primarily intended to provide standards for
information posted for investors on the Internet. They also
suggest ways for companies to respond to rumors in chat or news groups.
The TSE "recommends against a company participating on a chat-room or news group
to dispel or clarify a rumor."
Instead, the firm should tell the TSE's market surveillance unit, and if the data is false
and influencing the share price, it should consider issuing a
news release.
The TSE also wants companies to "prohibit its employees from participating in Internet
chat rooms or news groups in talks relating to the
company or its securities."
All postings on company Web sites must conform to TSE and securities regulators'
disclosure rules.
The exchange said the aim of the guidelines is to set a standard for information
disseminated on Web sites aimed at investors.
It recommends all information given to analysts and institutional investors be made
available to all investors via the Web, but promotional
material should be excluded.
The guidelines are posted on the TSE Web site, tse.com, for comment until Oct. 31,
when they will be revised and issued in final form.

I wonder what position this stock would be in now if the traffic on this thread were
governed by a similar set of rules as formal company announcements.

I would suspect that there would be much less confusion about what's going on, and that
maybe a lot less individuals would have gotten caught in the original GC hype way
back...still thinking long...but tired!

Thoughts...anyone?
GM
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