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To: Josef Svejk who wrote (60)	12/5/1997 1:44:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 32932

Just had an interesting talk with the SEC about disclosure rules as they pertain to SI and the entire internet. Since SI is "free" in the sense that no one is prohibited from accessing it (which, IMO, would mean AOL would not qualify because you have to pay money to read its boards), companies may indeed legally use it to disseminate information. In other words, SI and the like can be used in addition to or in place of conference calls. Seems to me that SI might be wise to exploit this incredible opportunity by adding some sort of special teleconference area (along the lines of MIRC) where every so often SI members can communicate live with special guests (that would pay for the privilege; after all, companies save all that money on 800 calls). After all, if someone can be quoted from an interview on CNBC or in front of a conference crowd, why can't they be quoted from what they said on SI? I'm not in favor of allowing company people, IR people or other paid hypists to post on the regular threads, but I am in favor of allowing them to speak under a controlled circumstance and under full disclosure. - Jeff