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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (52703)	3/19/1999 8:55:00 PM
From: Bill F.	Read Replies (1) \| Respond to of 132070

spring of 83 i think .the founder drove his ferrari into a brick wall the night of the ipo.then they did a do over about amonth later and it still made it out the door. one of the last before that ipo mkt got crushed.of course that stuff was quality relative to the trash that goes public now.....

To: Knighty Tin who wrote (52703)	3/20/1999 3:04:00 AM
From: Stephen L. Smith	Respond to of 132070

Michael -- Which SLR puts look good to you now? I have April 37.5's which look questionable now -- How do the July 35's or 37.5's look to you?

To: Knighty Tin who wrote (52703)	3/20/1999 4:26:00 AM
From: eddie r gammon	Read Replies (2) \| Respond to of 132070

Mike am I reading too much into this article or might not this put a dent in Gate's armor sometime down the road. news.com erg

To: Knighty Tin who wrote (52703)	3/20/1999 10:51:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 132070

MB, where are the lines and gray areas in the area of front running? I have only in the vaguest way watched some of the SI luminaries get into hot water like Tokyo Joe/Mex, Anthony@Pacific, the Whiz Kid Daniel Miller, etc. I know that you post your picks and say "To All, Portfolio Notes". You also tell us often that you are looking at something with "the hairy eyeball". I regard all of that as helpful and know that everyone should do their own DD. A lot of what we gather from each other as posters, hopefully, is how to think about markets and picks fit in to that. I think those that just follow someone into a position does so at their own risk. I do understand front running to be illegal in the traditional sense. Such as a broker getting a large order and placing an order of its own in front of the client's order to take advantage of the market impact of the client's order. But with self appointed internet gurus, where does the line come. I am not including you in this category. It seems to me clear that many people post to si because they believe (rightly or wrongly) that others will follow them into trades. Where does this run into securities laws? I feel sure that you don't know the details of the SI folks I mentioned at the top of this post. But can you comment generally? tia