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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.56

+6.1%

Feb 6 4:00 PM EST

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To: John Mansfield who wrote (24091)	12/10/1998 4:33:00 PM
From: John Mansfield	Read Replies (1) of 116972

'U.S. regulators have heightened their scrutiny into the information that companies provide to investors about progress in tackling so-called millennium computer bug problems, a top official said yesterday. The Securities and Exchange Commission wants to make sure that public companies--ranging from public utilities to financial services firms--are keeping investors properly informed of such troubles that could impact the price of a stock or investment. "We are going to turn up the screws on this," Brian Lane, the agency's director of corporation finance, warned some 1,300 accountants attending a conference here.' ______ I am very curious when we will see several stock downgraded (on a frequent basis) of F500 companies due to Y2k / SEC forced publications on Y2k remediation status... not too far off from now, 1-3 months at most. John news.com

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