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To: pat mudge who wrote (1711)	2/17/1998 5:31:00 PM
From: David H. Zimmer	Respond to of 8545

Pat: First of all -- nice article. Second -- if I ever took the time to verify my allegations -- I would not have the time to trade stocks. It would not take a rocket scientist to do the work-up to prove my hypothesis. Third -- to the guy who is buying options on the open -- regardless of whether the sun rises tomorrow or not -- I'll take the sell side and make money before the end of the day. Buy when they sell -- i.e., today at about 3:00 PM -- not tomorrow morning -- right Larry? Fourth -- this has become a great thread -- everyone -- keep posting and buy on dips. Zimmer

To: pat mudge who wrote (1711)	2/17/1998 7:38:00 PM
From: Spots	Read Replies (2) \| Respond to of 8545

Pat, yes, they can and they definitely do. There's no law against expressing one's opinion publicly, no matter how self-serving that opinion might be. If you could prove that the public opinion was knowingly false, AND if you could prove that you were hurt by it, AND if you could prove that the opinion expresser had a vested interest in hurting you (or a class of people like you), you might have a cause for action. If you had a very large hurt, you might pursue it yourself; otherwise you would have to pursue a class action. Many might view this as a breakdown of responsibility requiring regulation. My personal view is that the regulation is the worst way to go about it and being informed about how these things work, and potentially taking advantage of it as investors, is the best way to regulate it. This kind of discussion, to my mind, IS the solution. We become informed, we act on it, and either it becomes unprofitable to express such opinions or we profit by it. These same groups make liquid markets, or contribute to liquid market makers, and as such they provide an essential ingredient to the equities market. So if we regulate them out of business, we regulate ourselves out of available markets. Sorry--this is going on too long and I will stop now. As a final comment, I don't mean to impute anything to you (or any posters here) as to your opinions. I'm merely expressing mine, and if I seem argumentative, please put that down to generally prevailing opinions with which I disagree rather than anything I've read on this thread. This thread (by which I mean its contributors) is very constructive, and I'm not criticizing. Just adding my very few cents worth. Regards Spots