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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Carl Worth who wrote (9533)	7/16/2002 12:06:54 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 16631

I caught part of the town hall discussion by CNBC and it was also pointed out that fraud, insider trading, etc laws have been on the books for years. They already apply unless your name is Bill Clinton and you are above the law and perjury doesn't apply, but for everyone else in America they apply. (They didn't mention the last comment of course.) It is sort of like adding another gun law to eliminate murder when there are probably 200 on the books in most states already. Bruce

To: Carl Worth who wrote (9533)	7/16/2002 12:38:38 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

When I was being stupid in the late 70's and buying gold mining stocks that turned out to be nothing more than a certificate in a slimy lawyer's office in Salt Lake or Denver, I watched the SEC supposedly clean up the Penny Market. All my investments in Penny Stocks went virtually to zero, even the real companies. "Cleaning Up" the system is usually good long term, but if done too aggressively it hurts investors more than helps. There can always be abuse but less so when stock options are underwater. What I want to know is when massive amounts of stock options have been re-PRICED!