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To: Jim McMannis who wrote (110317)9/19/2000 3:12:29 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
I think you guys are underestimating the SEC under Chairman Levitt. There was incredible pressure from the brokerage houses NOT to pass rule FD (selective disclosure), yet he got it through. If you take the time to read his speeches you will find that he is a strong friend to the retail investor, and he has "walked the walk".

A class action suit is interesting, I'm not a lawyer, and I have no idea if it could be won. I'm sure BoA wouldn't appreciate the publicity. At worst, it would send a message to the analyst's and their bosses. They might be more careful about yelling fire in a crowded theater.

I didn't sell any stock, but I might send an Email to the SEC.

John