To: Bill Wexler who wrote (9238 ) 3/2/2003 6:22:10 PM From: N. Dixon Respond to of 10293 Message 18645310 Re: You Mean This? by: manny_d_gofer Long-Term Sentiment: Strong Buy 03/02/03 06:13 pm Msg: 132437 of 132437 <The fact that Bill is now posting as frequently as you do, while also claiming no position, causes him to fail my sniff test. Sorry, I don't believe people with no financial interest in a stock invest the energy you and Bill do.> www.nasdr.com/news/pr2000/ne_section00_275.html <NASD Regulation further found that, through Manuel Asensio’s Internet account, associated persons of Asensio & Company posted at least 14 bulletin board messages which did not disclose any connection with the firm but, instead, used unrelated screen names. One posting stated, in part: "Asensio & Company’s research is precise. ... I have no affiliation with, and have no interest in Asensio or [the issuer]." Another posting was entitled: "Asensio stands for the truth." Communications posted by members or their associated persons on electronic bulletin boards or message boards are considered "advertisements" under NASD rules and, as such, they are subject to approval, recordkeeping, filing, and content requirements. NASD Regulation also found that Asensio & Company failed to file, with NASD Regulation’s Advertising Regulation Department, 43 research reports regarding nine issuers and a brochure regarding the firm, all of which were contained on the Web Site. In addition, the firm failed to file at least 71 messages which were posted on bulletin boards run by America Online and The Motley Fool. Asensio & Company and Manuel Asensio also failed to establish, maintain, and enforce procedures reasonably designed to achieve compliance with the advertising rules, the rules relating to short selling, and the rules relating to trade reporting.>