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Non-Tech : Private Placements -- Ignore unavailable to you. Want to Upgrade?

To: K A Anderson who wrote (19)	7/7/1998 6:32:00 PM
From: Chloe R	Respond to of 56

KA, Given that this person would be voted into such a position by the shareholders, as you explained, there could be great pressure on them to "leak" info to those same individuals who put him/her there in the first place. But that is just the cynical side of me speaking. Overall, the shareholders should take it as a positive and would possibly sit more comfortably during those periods of no news, knowing their interests were being represented. Then again (here I go), how long would it be until that shareholder BoD him/herself is grouped as "another insider" in the minds of the other shareholders. Also, any sales of the stock by that BoD shareholder may have more impact than would otherwise have. It's a good question! Clo