comment on SEC - July 23, 2005, 12:25 am

source http://www.sec.gov/rules/proposed/s73199/0425b11.htm

Author: "Bob Cecil" at Internet
Date: 04/25/2000 10:41 PM
Normal
TO: RULE-COMMENTS at 03SEC
Subject: Proposed Regulation FD: File No. S7-31-99
------------------------------- Message Contents
In this day and age analysts are totally redundant! With millions of people
trading on-line and communicating their ideas in public forums, statistically
you will get the best and brightest discussing facts and figures in every given
minute of the day. Lesser skilled individuals have free access to these
discussions and learn a great deal, no one forces them to follow anyones ideas
but over time they find people they can trust. They don't need to be protected
by anyone. We do not need a group of elitists to show us the way. Let them join
the ongoing discussions with everyone else. If they are as good as they think
they are people will follow their advice anyway. Many of them already do this
sort of thing. The days of the ivory tower are over.
Bob Cecil

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