To: Scott Levine who wrote (4125 ) 5/14/1998 10:07:00 PM From: Zeev Hed Read Replies (2) | Respond to
Scott, do not make eery one reporting his discussions with the company as "working for the company". I remember quite clearly Rene's discussions with me (I did not call him, he called me). The thread did not like what I reported then, and no one had any doubts I was NOT working for the company. As a rule, I dislike talking to companies' management. I run an OTC company myself, and my principle was no talking to private investors. The reason, very simple, if I talk to a potential (or actual investor) I have to put on the best spin on what is actually happening (without lying of course), I did not want to be in a position were I would have to make a choice between misleading a potential investor, giving him "inside information" selectively or telling him that a new product will be six weeks late, since some receivables (to pay for the launch) are "in the mail". Thus, when I do talk to a company's President, I always ask myself what would I say in his position. Of course, everyone has his own taste in these matters, and I have no objections when other reports their discussions, but it would behoove all to be extremely critical of what they hear. I think this thread has learned this lesson by now. I have been preaching it since the stock run to above 3 many moons back.
