To: port_mgr who wrote (6023 ) 12/14/1998 10:08:00 AM From: ENOTS Read Replies (2) | Respond to of 21143
The following is a reply to the inquiry to the sec re the after hours trade....A computer generated reply, this is the first step on the journey to the shredder, your tax dollars at work! I too am a little dismayed that anyone would take a 15% hit for a trade such as this,... and is causing me to raise my eyebrows, trying to understand and get a better look at this, I would hate to have to unload my holdings at a % cut like that! hummmmmmm here is the reply! Dear Sir or Madam: Thank you for your recent e-mail to the group electronic mailbox of the Division of Enforcement at the United States Securities and Exchange Commission in Washington, D.C. This automated response confirms that the Division of Enforcement has received your e-mail. We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being given careful consideration in view of the Commission's overall enforcement responsibilities under the federal securities laws. It is, however, the Commission's policy to conduct its inquiries on a confidential basis. The Commission conducts its investigations in this manner to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or where the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, the existence or non-existence of an investigation as well as information which may be gathered thereunder is not disclosed unless made a matter of public record in proceedings brought before the Commission or in the courts. Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with the undersigned at Mail Stop 4-5, 450 Fifth Street, N.W., Washington, D.C. 20549 or via e-mail at enforcement@sec.gov. We appreciate your interest in the work of the Commission and its Division of Enforcement. Very truly yours, S/ John Reed Stark Chief, Office of Internet Enforcement US Securities & Exchange Commission ************************************************************ this so instills me with confidence, I am sure a bevy of lawyers are already assigned to this request, and I will receive a prompt response, around June 99 or July 99 at the latest. RIGHT ..