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To: patron_anejo_por_favor who wrote (86677)3/28/2001 7:47:29 AM
From: IceShark  Read Replies (1) | Respond to of 436258
 
I have a couple of questions on this article. Where did he come up with 5.3%? I always thought it was 5 even. Are companies still doing the poot warrant biz? I thought after the SEC slapped Dhell and Softie and a few others, that biz stopped. Especially with the share price implosion.



To: patron_anejo_por_favor who wrote (86677)3/28/2001 8:25:03 AM
From: Ilaine  Respond to of 436258
 
>>Lastly, corporations should not be permitted to operate in their own puts and calls, as many tech companies have done. The potential for conflict there is so obvious that I can't believe it's been allowed to take place.<<

Fleck for head of SEC.

Who knows, the day may come. If the bottom really falls out, as some expect, this is exactly the type of thing to complain about to Congress when it's in a listening mood. That and the conflict of interest for financial analysts who work for institutions which sell stock or underwrite stock offerings. I wonder how many people would worship Abby Jo if she had to give a disclosure that she works for a company that makes money by selling stocks? "Warning - the advice I am giving you is designed to enhance my personal financial benefit."

We're all old enough and battle-scarred enough to know it but there's a new sucker born every minute.



To: patron_anejo_por_favor who wrote (86677)3/28/2001 4:27:34 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
I Wonder If Requiring The Fund To Disclose Their Daily Trades Including The Time And Price

30 days after the close of the quarter would be enough.

I would love to know who was buying some of this garbage this afternoon.



To: patron_anejo_por_favor who wrote (86677)3/28/2001 10:10:54 PM
From: Tim McCormick  Read Replies (1) | Respond to of 436258
 
I disagree with Fleck, more restrictive trading rules just opens a can of worms. The broadly written laws we have on the books against price manipulation can work just fine. Heck, the whole problem can be solved by just having major holders file their end of quarter trade blotters with the SEC.