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

To: mmmary who wrote (80580)	9/29/2002 11:28:41 PM
From: peter michaelson	Respond to of 122087

Agree - it's the publicity that moves bureaucracies. Only the publicity. That's another reason the message boards actually are more important than most people believe.

To: mmmary who wrote (80580)	9/29/2002 11:38:31 PM
From: SiouxPal	Read Replies (3) \| Respond to of 122087

Mary the SEC is a eunich. When the truthseekers totally expose the scams the SEC does absolutely zilch. They are de-nutted because they have motives to be so IMO. Please folks don't buy puts waiting for an intervention by them to HALT a stock that has been proven to be lice-ridden with corruption. Just short them and wait... wait... sell more on the pumps, and pray. You are covering some, but do not wait for the SEC to help you any. That's my opinion.

To: mmmary who wrote (80580)	9/30/2002 8:54:09 AM
From: StockDung	Respond to of 122087

Crimms Fairy Tales: A Wall Street Short Story Part 1 Message 9825094 Part 2 siliconinvestor.com Part 3 medinahminerals.com Part 4 medinahminerals.com The End

To: mmmary who wrote (80580)	9/30/2002 11:18:25 AM
From: StockDung	Respond to of 122087

They signed, it must be true O'Neill isn't alone in pointing with pride to the new requirement that CEOs and CFOs file sworn statements personally certifying their corporate financial reports. But what do the certifications really mean? The SEC form letter for the certifications, used by the vast majority of companies, includes language only a lawyer could love. They don't say, "I swear it's true," or "the truth, the whole truth and nothing but the truth." No, corporate officers only promise that the financial report is accurate, "to the best of my knowledge ... and except as corrected or supplemented in a subsequent covered report." J. Edward Ketz, an accounting professor at Penn State, knows drivel when he reads it. "If officials lie in their financial statements, why wouldn't they lie in these certifications?" Ketz asks in a recent column. And economist Alan Reynolds of the Cato Institute says the statements are "simply irrelevant when it comes to preventing or punishing fraud." Most executives are mostly honest, and risk and trust issues have always been a part of investing. But if you believe having to sign a certification full of legal weasel language will keep a crooked executive from inflating income or hiding debts, I can get you a deal on Enron shares. And you might as well bet your 401(k) on the Detroit Tigers to win the series if you believe that a few million dollars in fines, a code of conduct and the resignation of Jack Grubman will keep investment banks and their analysts from playing cheerleader for clients. Michael Collins writes on consumer and investor issues for CBS MarketWatch. Comments in The Gadfly don't necessarily represent the opinion of CBS.MarketWatch. Michael Collins writes for CBS.MarketWatch.com