To: Anthony@Pacific who wrote (22678 ) 3/19/1999 2:13:00 PM From: StockDung Read Replies (1) | Respond to of 122087
Fool On The Hill: Tom Gardner to Testify Before Senate Subcommittee ALEXANDRIA, Va., March 19 /PRNewswire/ -- Tom Gardner, co-founder of The Motley Fool (http://www.fool.com), will testify before the Senate Permanent Subcommittee on Investigations on March 22nd at 1:30 p.m. in Room 342 of the Dirksen Senate Office Building. The hearing will focus on ways to combat securities fraud on the Internet, particularly penny stock fraud. "Securities fraud, online and offline, is a major problem facing investors today," said Gardner. "Additionally, The Motley Fool has always believed that penny stocks are a terrible investment. They are frequent targets of manipulation and that's just one reason we've never condoned their discussion on our site." The Motley Fool's mission is to inform, amuse, and enrich individual investors around the world. Having started with 60 readers its first day in August 1994, The Fool now reaches millions of investors each month by providing financial information and strategies in different mediums: on its Web site at fool.com ; via its four Simon & Schuster books, all New York Times bestsellers; through its weekly syndicated column currently appearing in more than 135 newspapers around the country; via "The Motley Fool Radio Show," a joint venture with Cox Radio that can be heard nationwide every Saturday; through regular commentary for Marketplace Radio; and on America Online (keyword: Fool). The Fool's first international site, Motley Fool UK, can be found at (http://www.fool.co.uk) and on America Online (keyword: FoolUK). SOURCE The Motley Fool CO: Motley Fool ST: Virginia, District of Columbia IN: MLM SU: LEG 03/19/99 09:00 EST prnewswire.com