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Strategies & Market Trends : Due Diligence - How to Investigate a Stock -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (220)	4/23/1999 7:49:00 AM
From: ColleenB	Read Replies (1) \| Respond to of 752

The Internet "bashers" versus the SEC fraud-trained lawyers. Both sides will go after scammers and we'll see who ends up with a higher tally in say 3 months... I'd say you should make the contest more "fair" and have the score of the entire SEC ranked against 1-2 "bashers". Great article but it really paints a woeful picture for those investors who think they should feel secure because the SEC hasn't halted their stock from trading.... yet. Many use this fact and declare it as proof that their stock is not a scam. Comment.... one could consider the "bashers" as volunteers to policing the threads (citizens on patrol) but with the SEC staffing as pitiful as it currently is, probably can't really follow up on leads provided them. I'm sure they're absolutely overwhelmed and swamped with complaints. Even the leads where much of the research has been conducted already, saving them countless hours of digging would probably go untouched just from shear numbers. So sad but this is still a scammers haven.

To: EL KABONG!!! who wrote (220)	4/25/1999 1:02:00 AM
From: Dusty	Respond to of 752

Kerry, regarding the following that you posted: On the topic of the SEC, I'd like to get a challenge going. The Internet "bashers" versus the SEC fraud-trained lawyers. Both sides will go after scammers and we'll see who ends up with a higher tally in say 3 months... I'd vote for the bashers. Their hands aren't tied by political considerations. Which reminds me. I'd like to start reviewing some campaign contributor lists to see which Congressmen/women are receiving political contributions from these touts. It might go a long way to explaining why Congress continually underfunds the SEC. You make some real good points. And yes, I am confident the WSJ is much more aware of the Internet workings regarding the stock promotion and other assorted artists who ply their trade on the net. It is great to see the activity on this thread. There is much good information here and if taken to heart and acted upon could likely save money for many who are new at the game. Regards, Dusty