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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (61452)	10/25/2000 8:21:15 PM
From: donjuan_demarco	Read Replies (1) \| Respond to of 122087

Re SEC lack of intestinal fortitude: <<Any analyst who ``manipulates a security, misleads investors through a widespread Internet posting under multiple names, makes unsubstantiated price predictions [FAR BE IT FROM THEM TO MAKE UNSUBSTANTIATED PRICE PREDICTIONS], or scalps a recommendation by selling when the analyst is telling others to buy [THANK GOD THE HOUSES HAVE A FIREWALL IN PLACE!], has a serious problem [YEAH, THE PROBLEM IS FIGURING OUT WHAT TO DO WITH ALL THAT MONEY!],'' Walker said.>>

To: StockDung who wrote (61452)	10/25/2000 8:25:20 PM
From: If only I'd held	Respond to of 122087

Walker is wrong in some spots there. Wall Street Analysts do just those things, and the firms they represent should be made to pay back their ill-gotten gains before Jonathan Lebed is to pay back his. The only thing differentiating Wall Street alalysts from Lebed is that where he used the internet message boards, the analysts use the media. Goldman Sachs did exactly what Lebed did when they touted and then dumped FMKT, but Sachs used a loophole. Ethically, there is no difference. That is my opinion. I do not condone any of it, but it is high time the SEC get their head out of their ass about this issue and ban all public stock recommendations altogether. Let the buyer beware and be well researched before venturing in. Otherwise, stay out and let the managers handle the money.