This thread is intended for the PUBLIc to discuss certain stocks , the merits and risks, If yoiu are going to adress the public through this forum you must, clear all your statemnets through the NASD before postying anything here and in addition that news must hit all relevant wires before it appears on the NET...
Since you are an officer you must also discuss all risk fgactors and must include the forward looking stsaemnet clause recently enacted to avoid lawsuits and misleading investors your news of relationships ..is nothing more than paid advertisemnts.
IN RESPONSE TO THE FOLLOWING BY ONE OF THE MANY LURKERS HERE:::
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You will need to see these post on Cybershop looks like leaks and other things
news smallcapinvestor.com
inside info post
messages.yahoo.com.
messages.yahoo.com.
CEO post on Yahoo off price innet site mid march
messages.yahoo.com.
Let me know that you got these Ok ?
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Seee the fo9llowing news by NASDAQ!!
BN Nasdaq Rule Says News Outlets Should Get Information Before Web
Feb 3 1999 14:39
Nasdaq Rule Says News Outlets Should Get Information Before Web
Washington, Feb. 3 (Bloomberg) -- Companies whose shares are
listed on the Nasdaq Stock Market must provide important
corporate information to traditional news outlets before posting
it on the Internet, securities regulators say.
The growing popularity of the Internet as an information
source for many investors prompted questions about whether
companies could use their Web sites to get corporate news to
shareholders.
The U.S. Securities and Exchange Commission, approving a
proposal by Nasdaq, this week said the Web can be used as a
supplement -- but not a substitute -- for Nasdaq's requirement
for initial distribution of material company news to traditional
outlets.
''We recommended this in the interest of maintaining a level
playing field for all investors and to avoid situations of
potential selective disclosure,'' said Nasdaq spokesman Mike
Shokouhi.
Nasdaq will continue to require that important news first be
distributed to the public by sending releases to at least two of Story 16 / 20: 99 <GO> for list of story options. Govt T N I
Page 2 of 5
the seven organizations on a market-approved list of news
outlets, Shokouhi said. They are the news wires operated by Dow
Jones & Co., Reuters Group Plc, and Bloomberg LP, the PR Newswire
and Business Wire press release services, the Wall Street
Journal, and the New York Times, Shokouhi said. Information then
can be posted on the Internet under the new rule.
Different Market Rules
The Web restriction applies to Nasdaq-listed companies.
Other markets have their own rules.
The New York Stock Exchange's disclosure rule, for example,
requires listed companies to send news releases to Dow Jones,
Reuters, and Bloomberg. They also are ''encouraged'' to
distribute important information to the Associated Press and
United Press International, as well as newspapers in New York and
in cities where a company has its headquarters or major
facilities.
The American Stock Exchange said it requires distribution to
Dow Jones, Reuters, Bloomberg, AP, UPI, the Wall Street Journal,
the New York Times, Dun & Bradstreet Corp.'s Moody's Investors
Service, and McGraw-Hill Cos.' Standard & Poor's.
The Nasdaq rule, which takes effect in mid-March, was submitted to the SEC in response to requests from Nasdaq
companies for guidance about the timing of Internet disclosure,
Shokouhi said.
The action comes as SEC Chairman Arthur Levitt and others
have questioned some practices for disclosing potentially market-
moving company information. Levitt has condemned companies that
reveal important news to securities analysts before releasing it
to the public, saying such ''selective disclosure'' puts small
investors at a disadvantage.
Protecting Investors
The SEC cited concerns about making information widely
available when it announced approval of Nasdaq's proposal on Web
sites.
While the Internet ''represents an effective and timely
method'' for company news, the SEC said, requiring companies to
first use Nasdaq-approved news services ''should protect
investors who do not have Internet access or who still rely on
traditional news services for their corporate news'' and help
''ensure that material news is not selectively disseminated.''
''The Internet cannot be a substitute for traditional
dissemination through the news media,'' Shokouhi said. Page 4 o
--Judy Mathewson in Washington (202) 624-1915/ge/bd/ch
Story illustration: type CCMP <Index> GP D <Go> to graph the
Nasdaq Composite Index over the past year.
Company news:
DJ US <Equity> CN Dow Jones
RTR LN <Equity> CN Reuters
5350Z US <Equity> CN Bloomberg
NYT US <Equity> CN New York Times
DNB US <Equity> CN Dun & Bradstreet
MHP US <Equity> CN McGraw-Hill
BQ, DES, COMP, RV, TRA
News by category:
NI SEC SEC
NI SCR Securities
NI HUSH Selective Disclosure
NI NASD NASD
NI NASDAQ Nasdaq
NI LAW Legal
NI COS Companies
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