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To: newtrade_dev who wrote (193)	3/2/1999 1:02:00 AM
From: Cy	Read Replies (1) \| Respond to of 228

Just came across an interesting thread at: pe.net discussing a news article just published at the SEC web-site: sec.gov This article relates to people who tout a stock and give the impression of being unbiased, while at the same time receiving compensation for their efforts and not disclosing the fact that they were compensated for their "unbiased" efforts. A link within this document leads to another SEC publication on internet fraud: sec.gov Most applicable to readers of this forum is the section on Bulletin Boards which I quote: ---------- Online bulletin boards – whether newsgroups, usenet, or web-based bulletin boards – have become an increasingly popular forum for investors to share information. Bulletin boards typically feature "threads" made up of numerous messages on various investment opportunities. While some messages may be true, many turn out to be bogus – or even scams. Fraudsters often pump up a company or pretend to reveal "inside" information about upcoming announcements, new products, or lucrative contracts. Also, you never know for certain who you're dealing with – or whether they're credible – because many bulletin boards allow users to hide their identity behind multiple aliases. People claiming to be unbiased observers who've carefully researched the company may actually be company insiders, large shareholders, or paid promoters. A single person can easily create the illusion of widespread interest in a small, thinly-traded stock by posting a series of messages under various aliases. --------- I wonder if we will see any changes in the way people promote particular stocks in this BB.