To: Cheeky Kid who wrote (6190 ) 6/20/1999 3:33:00 AM From: Jeff Dryer Read Replies (2) | Respond to of 32883
>Posters suing other posters because their egos are hurt, companies >suing members because of bashing, but yet it's alright to hype, and >inconsistent enforcement on the SI terms of use. For the first year or so, SI didn't have a terms of use. We encouraged/hoped members would go by a set of unspoken "common sense" rules. It worked pretty well from 1995 to 1996 when SI was kind of a secret hang-out spot for investors. Then at some point during the middle of 1996, SI outgrew its peaceful ways, so members asked for a terms of use. I personally didn't want to implement a terms of use because as I told Brad, members will use it against us. If there are violations of common sense, then we will be blamed for each infraction... Brad didn't disagree. Now the investing activities of some members has become increasingly complex. When there is a terms of use violation or a complaint, it sometimes takes hours to investigate and to understand the context of everything. A violation is often not an isolated event. >Then why no link on this window to this site: >http://www.gotonet.com/index.html There is a "stocks" link at the top of the Go2Net home page. >There are charts on SI, and they have banner ads as well: >http://www.techstocks.com/~wsapi/investor/chart-AMZN-100-d button ads : ) >I'm so disappointed at all the BS on SI of late, that I have decided >not to take part in SI as much as I had in the past. Mind you most of >my posts were not important any ways. Everybody's posts are important. SI was created in good part as a way for investors to compete against Wall Street (they play a game that is very rigged against the individual investor). At SI, investors have a chance to level the playing field by exposing Wall Street for what some of it is... a bunch of crooks (pump and dump artists on a grand scale) whose actions are protected or overlooked by the SEC for who knows what reason... maybe for the same reasons SI may not be able to enforce terms of use perfectly. Here's an interesting article to read about games Wall Street plays with IPO's.techstocks.com