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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: William T. Katz who wrote (6217)12/7/1997 4:05:00 PM
From: Dale J.  Read Replies (1) | Respond to of 9124
 
I sent a email to SEC inquiring about the SEC "material" information rule and I asked them for advice on how to enforce it.



To: William T. Katz who wrote (6217)12/7/1997 4:14:00 PM
From: Dale J.  Read Replies (2) | Respond to of 9124
 
<<re: Anything that affects the price of my stock should be public and certainly shouldn't be delivered selectively. As said in the previous post, the financial industry has a huge incentive to keep things at status quo, much like the tobacco industry with smoking.>>

Bill and Rob: I agree. I don't think the analysts are going to help us out much. But qntm will abide by a SEC rule if they are sternly reminded of it. I will wait to hear back to see what SEC advises.

To all: again I do not have a problem with qntm management and I believe qntm's stock will recover at some point based on the merits of the company. I am just out to get a clarification of the SEC rule and enforce it if possible. Dale



To: William T. Katz who wrote (6217)12/7/1997 9:30:00 PM
From: Rob S.  Read Replies (1) | Respond to of 9124
 
You are right, this is not at all just a Quantum problem. My history with getting access to information from Quantum is better than average but the fact remains that the investment industry and companies, including Quantum are structured to the brokerages/investment bankers benefit at the disadvantage of individuals.

I suggest that if a seperate thread is created that it start out with an initial set of goals such as defining a set of guidelines, crerating boiler-plate on-line and printed petition sheets, outlining proposed legislation, and creating a compelling and popular political argument and agenda. Obviously that touches on what could be a lot of work, but the power of the web is that many people can each contribute as small or large of a part as they wish.

The thread heading post should lay out the summary objective and potential benefits to investors as clearly and concisely as posible. This has the potential of being "dry" subject matter to some. To others it has the potential to be a creative and powerful process.

Hey, maybe we could turn it into a political action committee and get fat like the politicians and lobyists!

Go for it and I'll participate.