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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: ISOMAN who wrote (3322)	5/29/1998 5:03:00 PM
From: marcos	Respond to of 7491

Well, there's a point. But - isn't one or more of the Yahoolies claiming to have 'tested' the program? I don't recall hearing anything about signing disclosure agreements in connection with that. Anyway, wouldn't that defeat the purpose of independent testing, which imho would be to establish some degree of credibility through third-party verification for a company which so far has been remarkably sparing with answers to the questions raised by the more technically capable members of this board?

To: ISOMAN who wrote (3322)	5/29/1998 5:18:00 PM
From: Bill Ulrich	Read Replies (1) \| Respond to of 7491

isoman, that arrangement was actually for a free review by an experienced Y2K consultant. The "beta" had supposedly been released publicly anyway, but then was mysteriously placed under password protection. A non-disclosure agreement is generally advisable although the earlier public distribution softens the point a bit, (my opinion only). On a seperate issue, regarding the actual review from internet-fx, it really says that the interface worked, i.e. select a menu item or click a button and it does something&#151not a big deal. Additionally, the test returned results of "software items" the program thinks are compliant (or not). So you get a result&#151who says that the result is actually correct? How do you know that what the program says is compliant, really is&#133and vice versa. Either the tester would have to know this from previous Y2K experience, or consult other Y2K-knowledgeable sources. That's why the "qualifications" question comes up. -MrB

To: ISOMAN who wrote (3322)	5/29/1998 5:29:00 PM
From: CatLady	Respond to of 7491

"If he did in fact get the software, could he not then go and buy shares before he put out his opinion?" Yes, he could, but if he did so before his review was published, that would put him on very thin ice with regard to insider trading rules. Just like if, hypothetically, David Clifford traded the stock based on his "inside" knowledge of the product. Not saying he did so, just a hypothetical example to illustrate the point. It's something to be aware of, but not a show-stopper in terms of having an independent evaluation done as far as I can see.