To: STK1 who wrote (33719 ) 5/13/1998 9:08:00 AM From: Jack Sman Respond to of 41046
OFF-TOPIC but worth a look. ~ Jack (PR NEWSWIRE) DJ: Burned in the Market, Investors Seek Free Advice -- Turn DJ: Burned in the Market, Investors Seek Free Advice -- Turn to FreeAdvice.com NEW YORK--(BUSINESS WIRE)--May 13, 1998--Where are the 62 million Americans with Internet access likely to go should their investments plummet due to stock market manipulation or rigged commodities trading? To the Internet. Just as investors frequently turn to the Web to gather information before making an investment, they increasingly head back to the Web when things go sour or disputes arise. Investors no longer immediately complain to the Government or look for a lawyer, according to Gerry Goldsholle, Chairman of FreeAdvice.com who began his career as a trial attorney with the Securities and Exchange Commission and formerly was CEO of MetLife Brokerage. Instead, they go to the Internet to look for information on sites such as freeadvice.com that help them understand the legal issues and figure out how to protect their rights, he added. Yesterday, a day after it was announced that Sumitomo Corp. agreed to pay $150 million in fines and restitution to settle charges that it had manipulated the copper market in 1995 and 1996, the Commodities Law section of FreeAdvice.com recorded record numbers of hits. In April, the Securities Law and Broker Disputes sections of FreeAdvice.com similarly began to buzz after Cendant Corp. announced "accounting irregularities" and the price of shares on the New York Stock Exchange plunged 46%. "People want to play active roles in legal matters that impact their personal and business lives," said Goldsholle. freeadvice.com helps them do so by explaining 100 legal topics in easy to understand "plain English." Topics covered include business law, copyrights, employment disputes, estate planning, and taxes, with advice from many leading lawyers on such matters as getting a brokerage firm or insurance company to take a claim seriously. It also contains hundreds of links to other helpful sites. FreeAdvice.com, the leading consumer legal site on the Internet, is a unit of Bedminster, NJ and San Francisco Bay Area based Advice & Counsel Corp. and generates over a million hits every month. The company also publishes expertpages.com which Lawyers Weekly rated as "the best free directory" of expert witnesses. CONTACT: Advice & Counsel Corp. Kathlene Carney, 707/765-1234 CarneyPR@aol.com Gerry Goldsholle, 800-ITS-LEGAL gerry@adviceco.com 08:48 EDT MAY 13, 1998 *** end of story ***