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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Gary D who wrote (7123)7/24/1999 3:01:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 15132
 
<<I don't understand Kangas' point, nor his reason for bringing this issue up. So what if Bob's firm recommended individual stocks? How would that be a conflict? Somebody help me here.>>

I'll try. <g>

I think that one could imagine a scenario in which 401(k) business was steered to an investment management company as a quid pro quo for one of its principals publicly recommending the stock. I think we here know Bob well enough to know that this is extremely unlikely in his case. Nevertheless, the fact there there are some people in the world who would not be above doing such a thing makes it reasonable for a responsible journalist to ask the question.

A more likely connection, IMO, is that through Bob's acquaintance with executives of the company, he became aware of the company's new product offerings, and became enthusiastic about them, and about the future of the industry. I believe that such information is also publicly available, so I wouldn't see anything improper in it.



To: Gary D who wrote (7123)7/24/1999 5:35:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Gary: The answer is real simple. Someone with a UTEK axe to grind submitted this as issue as part of a question for Brinker through the ask the guest function on the NBR website. Kangas took the issue and ran with it.