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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (12636)	10/29/2002 3:46:05 PM
From: Win-Lose-Draw	Read Replies (2) \| Respond to of 30712

reg FD is such a crock it makes me want to hurl. hey, i just picked up a copy of "reminisces of a stock operator", going to crack it open as soon as i change the baby's diaper.

To: LTK007 who wrote (12636)	10/29/2002 3:54:29 PM
From: Steve Lee	Read Replies (3) \| Respond to of 30712

I think no warnings could potentially put officers into a situation of breaking the law. Say between quarters, the officers become aware of some previously unknown bad news that is material to outlook, then aren't they legally obliged to inform the shareholders? I think the press are as bad, or worse, than the actual investment banking industry. You expect people trying to sell you stuff to fluff it up, but the press are in bed with them. Instead of echoing analyst advice, honest journalism would say "so and so of Merril Lynch said buy but our studies show that x times out of ten that should be a siignal to sell". After that line is repeated 30 times a day for 6 mths on CNBS, the little guy would get the picture.