A ray of sunshine in this dismal market?
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DENVER--(BUSINESS WIRE)--Sept. 1, 1998--In response to growing
concerns about the ability of public companies' Investor Relations
departments, The Association for Investor Awareness (A.I.A.), a not
for profit entity focused on supplying investors of publicly traded
companies with the information necessary to protect themselves and
their investments, has conducted a survey of companies and determined
which are providing investors information at a Superior level.
The survey has been released in a periodic manner so as to allow
all interested parties access to the comprehensive report and investor
tools provided to investors at www.investoraware.org. The site also
has an area where investors can report inefficiencies or quality
service of Investor Relations departments for any publicly traded
company. These reports are also used by the A.I.A when assigning a
value to the relative I.R. departments.
Today's announcement includes the most recent additions to the
list containing companies who have attained a "Superior" rating by the
A.I.A. Each of the companies was selected based on an exhaustive
research process comprised of various criteria that enabled the A.I.A.
to arrive at a substantive conclusion. The A.I.A. completed a "blind"
survey of Investor Relations departments noting specific detail in
regard to the aptitude and abilities of the responding personnel.
The term "blind" refers to the fact that the Investor Relations
departments were contacted in a manner consistent with the average
investor and not necessarily as an investor assistance organization.
Areas of concern or interest were: the response time of personnel
to messages left, knowledge of personnel, quality of investor
information sent in investor packets, access to upper management andmore.
The results were broken down individually, calculated, and
evaluated to determine a relative value for each company. New
includees receiving the "Superior" designation are Novell
(NASDAQ:NOVL), Chiron Corp. (NASDAQ:CHIR), Funco (NASDAQ:FNCO),
Michaels Stores (NASDAQ:MIKE), and 3DO Co. (NASDAQ:THDO). The results
and mean scores are archived with other investor information at
www.investoraware.org on the internet.
"The objective of this organization is to make sure that
investors are being given the information they need to make informed
decisions," said Jeffery Taylor, A.I.A. Outreach Officer. "With the
chaotic global conditions and current market volatility, it's
essential that investors receive the information and answers theyneed."
Taylor added, "They can also become a part of the process by
contacting us through email or the telephone and letting us know their
experiences. Their opinions very much matter to us."
For a full report and additional information, visit our web site
at www.investoraware.org or call Taylor at 888/363-4739. |
