Author:  "Mark Giovanniello" 
Date:    03/22/2000  9:18 AM

Subject: selective disclosure

First move -
All conference calls should be posted on the internet and on the phone - 
many companies already put the calls on the internet live or
with a slight delay - as an analayst I know that there are little tidbits, 
little pieces of info, as well as the "tone" of management's responses that 
when heard, make a difference.
     
Second - road shows - these should be open to the public and in fact 
broadcast on the internet or audio on the phone. There's no reason for 
individuals to
be shut out of the information flow of these events, especially with the 
vigor of current IPO markets and the substantial risk that individual 
investors have
when they buy in at inflated opening prices - usually well above the IPO 
price.