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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (4362)	3/9/1999 6:57:00 PM
From: dreamer	Read Replies (1) \| Respond to of 9115

But Harvey Pitt, former enforcement chief at the SEC who has represented such securities law violators as Ivan Boesky, says Miller offers regulators the potential for an action on allegations that range from inadequate disclosure to as much as fraud. ''What is required is that people know what they're getting when they tune into you,'' says Pitt. ''And my assumption is that he can't do that because if he did, nobody would pay attention to him.'' Indeed, in his interviews with Bloomberg, Miller has conceded that he never spoke to management of one recommended company and that he was unaware of litigation by another with Chase Manhattan Bank, its key lender. In the case of Filtered Souls, he said that management with a spotty track record should be given the benefit of the doubt ''because you have to give these people another chance'' -- not the stuff of a professional recommendation. bloomberg.com