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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW -- Ignore unavailable to you. Want to Upgrade?

To: F. Jay Abella, III who wrote (127)	12/9/1997 12:19:00 PM
From: Pluvia	Read Replies (1) \| Respond to of 857

Greetings Jay, This seems like a very long winded answer to Linda's question: Were you paid to promote HEB? I noticed you failed to state specifically if you are paid to promote HEB or not when you said: <<<For the record, HEB came to our June 1997 BioMedTech conference. That service has been rendered.>>> "That service has been rendered",,,, Hmmmm,,, It seems as though you are sort of skirting the issue of whether you got paid Jay? Correct me if I am wrong, but don't companies pay somewhere around $8,000 to attend your conferences? Perhaps you could be specific on the dollar amount. Also Jay, perhaps you could give us just one example of a company that attended Westergaard's conferences and did not receive some sort of "Bullish" coverage from Westergaard's organization. Or better yet -- give us just one example of a company that paid Westergaard to promote them -- either by attending their conference or by some other means, that got some negative coverage. While you may be a good analyst Jay, I find your inability to be up-front about your obvious position as a paid tout for HEB to be a little disturbing. As to your comments about my own investment ideas -- Jay I post my buys and sells on AOL in the Shark Tank, and for 1997 I have approx. 86% winning trades, with my posted portfolio up some where around 140ish%. How have you done this year? HEB may be a great company, and I wish all of the HEB investors the best with their investment, but I think it is important to know where Jay and Westergaard come from when speaking about HEB. I question whether they would be very objective at pointing out some of the more serious downside risks to an investment they are paid to promote, and I find it disturbing the way they try to imply they are providing unbiased analysis while taking money from a company. Cheers Steve

To: F. Jay Abella, III who wrote (127)	12/9/1997 6:24:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 857

Jay: I appreciate your response and I find it credible. I'm also grateful to find objective information about the company, since I'm long. I don't feel that you were touting the company in your interview. I published several hundred reviews in my time, and I know there can be pressure from one direction or another. There were companies that tried (hard) to get me fired because I wrote a negative review. I enjoy the quality of your work, to the extent I've seen it. If there are issues with regard to your agency I suppose it will all come clear, in time. I hope you and Steve work it out. I believe Steve is sincerely concerned about the ethical issues. Linda