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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (27051)11/19/1998 6:21:00 PM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
It's about time that the SEC steps in and kicks these boys in the butts. Those close door analyst meetings are unprofessional if not illegal.

Thanks for the post!

gw



To: H James Morris who wrote (27051)11/19/1998 6:29:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 164684
 
Washington, Nov. 19 (Bloomberg) -- U.S. Securities and Exchange Commission Chairman Arthur Levitt condemned U.S. companies that reveal market-moving information to securities analysts before releasing it to the public.

''As far as I'm concerned, that's cheating, and it's a stain upon our market,'' Levitt said in an interview. ''We're clearly concerned about it, we're clearly looking for it.''


This is great news. I hope we see results on this soon.

Thanks for posting it here. I never did hear from Amazon's IR department in response to my request for either a hard copy or a taped replay be made available. In spite of signing my email as "an Amazon.com customer and shareholder". They are not unique.

Randy



To: H James Morris who wrote (27051)11/19/1998 8:35:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glen, it appears that the SEC does not like these closed analyst meetings. I think the
reason that the 'Thing' is not mentioned here is, because they've started with companies
with profits first.


James,

This was a welcomed news release. I wish they would make it a regulation that the media may be present too. There is no reason the analysts should be privy to information not available to the average investor.

Glenn