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Rating:July 11, 2000 Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, July 11, 2000

July 11, 2000

Reported by Sean Hanna, Editor in Chief

Value Line's CEO files suit again
From Wall Street Journal
Watch what you say on Internet message boards. That's a lesson that Christopher Bischof failed to learn and it may cost him $3 million. The former manager of Value Line's Aggressive Income fund manager called Value Line Chairman and Chief Executive Jean B. Buttner an "old dodo" and suggested she inherited her position -- "a leading member of the Lucky Sperm Club" -- from her father on a message board. Bischof deleted the message but that hasn't stopped Buttner from filing suit. Bischof posted under the screen name "Matt Drudge_VL". A hearing is set for August 9, according to the Heard on the Street column. This is not the first time Buttner has gone after Net posters. A year ago she sued 50 "John Does" for messages posted on AOL and subpoenaed Yahoo and AOL to discover the message writers' identities one of them being -- "Matt Drudge_VL".

More on MAXfunds
From Los Angeles Times
MAXfunds is worth a look, according to the L.A. Times. The article praises the sight for trying to "steer fund investors away from performance-chasing and other common mistakes." It adds that "The site's contrarian take may be its main asset, but it also offers a solid menu of news and columns, screening tools and standing resources such as a 'plain-English' dictionary." Downsides at the site, according to the paper are its "rudimentart" Fund-o-Matic screening tool and lack of commentators up to the standards set by Morningstar. 

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