1.   And many newsletter writers who engage in seemingly unsavory practices say their performances speak for themselves.

2.   A recent study of five newsletter writers shows that the funds they run did as well as or better than their newsletters.

3.   A standout performer among investment newsletter writers last year was a stock market bear whose most recent gains came thanks to a frothy market.

4.   In that case, the newsletter writers received stock in the companies they promoted, stock which they sold when the shares started to rise, the SEC contended.

5.   It is managed by Louis Navellier, a newsletter writer based in Incline Village, Nev., near Reno.

6.   Maybe there are too many bearish newsletter writers.

7.   Louis G. Navellier, a big portfolio manager and newsletter writer in Incline Village, Nev., said he was bullish, but not by much.

8.   Newsletter writer and money manager Michael Murphy told the Bloomberg Forum that he was buying Lam, Applied Materials and other technology shares.

9.   So did Adrian Day, a newsletter writer who now manages a fund for U.S. Global, known as the Adrian Day Global Opportunity fund.

10.   Stock-market newsletter writers often show more originality in their stock picks and market views than brokerage houses do.