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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?

To: R.Mark Lubchenco who wrote (5793)	7/15/1998 12:55:00 PM
From: WTMHouston	Respond to of 6735

I, too, was somewhat surprised by the public comment from the SEC before releasing the full info. It could be someone who talked off the record and got burned by the reporter or it could be that the investigation is over so they no longer feel the need to remain totally silent. That said, it has always been my impression that the SEC's silence policy regarding ongoing investigations is a self imposed policy that is not mandated by any law. I won't swear that it is so, just that it has always been my understanding. For the most part, it seems to be a prudent course of action but is sometimes more counterproductive. Finally, it seems specious to me for anyone at Solv to imply or suggest that they have no idea what kinds of "charges" or "allegations" might be made by the SEC. The data JJB posted makes it pretty clear that Solv is very aware of the allegations and charges concerned (at least generally, if not very specifically) (at least generally, if not very specifically) and that they have had an opportunity to respond to them in detail. How they have been resolved, if they have been, may be the only open question. Looks like the next week or so will continue to be interesting. For better or worse, what part of this saga hasn't been? Troy