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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security
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To: John S. Baker who wrote (1909)10/18/1998 3:51:00 PM
From: John S. Baker  Read Replies (1) of 2534
 
From an automated E-mail sent to me from IRI, the parent organization of the PAR process....

Cost to a company to be analyzed through the PAR process is $15,000 ... payable in advance.

And re credibility of the PAR analyses in general, IRI states:

To date, the Street has demonstrated its support for the credibility and objectiveness of PAR by often trading covered companies to new volume highs. IRI takes this as a validation for the importance of the introduction of the unique PAR program to Wall Street.

And from another, similar E-mail, there apparently are 7 companies in the PAR program at this time, with analyses of several others slated in the near future.

Note to lurkers: Please do not interpret my comments about the IRI and its PAR program as being negative. Anything which helps promote good corporate governance is a plus. I am only trying to determine, for myself, whether "the Street" attaches any particular value to the process.

JSb.
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