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Technology Stocks : Allaire -- Ignore unavailable to you. Want to Upgrade?

To: greggcap who wrote (218)	9/16/2000 5:23:25 PM
From: Bosco	Read Replies (2) \| Respond to of 612

<ot> Hi gregg - thx for pointing this out. I guess it is a matter of interpretation, indeed. Let's suppose one called ALLR IR about the situation, and IR responded matter-of-factly of the statements you have high lighted, is it selective disclosure or responding to query? Another scenario can play out like this, the top honcho called up his golf buddies and his favorite investment bankers and said, "hey, boys, heads up..." and then said the same statements. Obviously, the second is definitely a no-no. To be sure, I agree with you a 100% on the selective disclosure is detrimental to small investors like you and me --- at least for me anyway :)! So, we are in the same boat here, whether it is ALLR or another company is irrelevant. That said, my guess is that SEC has its work cut out for itself to figure what is and what is not selective disclosure in the gray area, like, if the company holds a conference call for all analysts but a few come, one can still argue that 1) other analysts aren't present [even though by their own volition] and 2) the public is not invited. Btw, one of my favorite companies [also one of my largest holdings, of course :),] NT, has gone overboard in collective disclosure. The 1st time she did that, the conference systems crashed! These days, she always makes a PR when she will hold a conference call etc etc. Back to ALLR, as I ve pointed out yesterday, I balked at taking risk in the company b/c the writing was on the wall. So, maybe each of us to also learn to see beyond the facade [I must say it is an exception, normally, I was quite clueless :)!] best, Bosco