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To: GST who wrote (137348)1/20/2002 8:24:44 PM
From: Glenn D. Rudolph  Respond to of 164684
 
if Bill did not charge that is the only missing ingrediant in his profile. The corruption of our economic system begins with the fraudulant recasting of plain speaking investment language with horsecrap like "I never said that it was a screaming buy, I just said it was just a core monster". And you think that pro forma accounting is a fraud?


I believe we all have a brain or should and make a decision on our own. Granted reading posts and the ideas of others can be very elightening and there is nothing wrong with that. In this forum meaning chat threads, opinions should be taken as is with no fiduciary duty. The paying of a brokerage house by being a client or for a news letter, indicates some form of fiduciary duty. Bill's participation here is of his own accord as is that of us all. Bill has no fiduciary duty to anyone here. There is no contract. If one believes Bill is totally clueless about stocks in general and valuations, one may place him on ignore. My point is it is not right nor fair to hold Bill to a higher standard than the rest of the posters on SI. There are people that jump on this thread to hype some BB stock and places that post on many other threads and then disappears. Those people are the snake salesman in my opinion.

Bill may have different words he uses to show his enthusiasm about a stock than possibly you and I or possibly anyone else on SI. He is entitled to express his ideas. Let's be real his posts are not truly affecting stock prices. Bill seems to go to a lot of tech investing conferences and listens to management there. It is possible much of his wording comes from the wording that management may use at a conference. Actually, management has a fiduciary duty to their shareholders. Bill does not.

If I wanted to gripe about some groups, it would be management in some firms, analysts of all kinds because they are cheerleaders but they do have a fiduciary duty, news letters, brokerage firms and the list can go on.