Forum Archive Index - January 2000

["Bud Fox" <bud_foxx@hotmail.com>]

Ben,  If you read my previous posting you will note that I refer to your 
posting about The Press article and then go on to suggest that in the 
interest of a fully informed chat group your holding in this company IMHO 
should have been disclosed.

It does not matter if your other postings state you have a holding in the 
stock, the one I referred to does not.  I, like other readers may not have 
the knowledge that you have stated this b4 and it is a bit silly to have 
been expected to have read your other comments after all what if I was new 
to the news group and this was the first posying of yours that I had read.  
The Raging Bull system is also voluntary when it comes to disclosure, and I 
believe gives readers and commentators a better chance to allow a fully 
informed market...after all that is what I thought chat groups and user 
groups were about.

For the record, I was not questioning your credibility, just suggesting that 
if one is to highlight positive, or negative news about a company that 
disclosing ones relative interest might be more professional.

Bud

Disclosure: Do not own ITC and think they are overpriced.


>From: "Ben Dutton" <bendutton@sharechat.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] Re: ITC - Ben Dutton Comment
>Date: Sun, 16 Jan 2000 12:24:15 +1300
>
>Hi Bud,
>
>I suggest you look at, and read, the following posts written by me:
>
>http://www.sharechat.co.nz/archives/current/msg00110.html
>
>http://www.sharechat.co.nz/archives/1999/12/msg00186.html
>
>Also read the "Share of the Week" article on ITC:
>
>
>You will notice that on all of these posts (and the article) I have
>disclosed that I am a shareholder in ITC -- you are wrong in asking "would
>it not be more professional to disclose that you are long this stock".  As
>these posts show, I have.
>
>ShareChat does not have a policy on disclosing share holdings -- it is up 
>to
>individuals if they choose to do so.
>
>I'm disturbed that you've questioned my credibility when I have always 
>tried
>to be completely open about my shareholdings.
>
>Benjamin Dutton
>
>
>
>----- Original Message -----
>From: Bud Fox <bud_foxx@hotmail.com>
>To: <sharechat@sharechat.co.nz>
>Cc: <bendutton@sharechat.co.nz>
>Sent: Sunday, January 16, 2000 8:17 AM
>Subject: [sharechat] Re: ITC - Ben Dutton Comment
>
>
> > Ben, Given that not all readers of this site know that you are long ITC
> > would it not be more professional to disclose that you are long this
>stock,
> > and therefore could be considered to be less than neutral in your 
>opinion.
> > I note in your postings on Raging Bull you disclose this information, 
>how
> > about the same here for the sake of clarity.
> >
> > I also think that Mr Fergusson's comments are incorrect, instos have 
>been
> > sellers, NOT buyers of this stock, not that insto's have been a 
>reflection
> > of value anyway.
> >
> > Bud
> >
> > Disclosure: Do not own ITC and think they are overpriced.
> >
> >
> > >From: "Ben Dutton" <bendutton@sharechat.co.nz>
> > >Reply-To: sharechat@sharechat.co.nz
> > >To: <sharechat@sharechat.co.nz>
> > >Subject: [sharechat] ITC
> > >Date: Thu, 13 Jan 2000 07:38:10 +1300
> > >
> > >It's interesting to read in the Press this morning:
> > >
> > >"IT Capital fell 6c to 75. Institutional brokerages were buying at that
> > >level, Mr Fergusson said, with plenty of sellers".
> > >
> > >Good to see some more institutional support for this share after 
>Spicers
> > >sold down its holding last week.
> > >
> > >Benjamin Dutton

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