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The Motley Fool Is Going Public.


Business Editors/Hi-Tech Writers

ALEXANDRIA, Va.--(BUSINESS WIRE)--March 1, 2001

The Motley Fool, Inc., a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
, announced today that after nearly seven years it is finally making the move to public... television.

"For years, analysts have mused about when the Fool would go public," said David Gardner David Gardner is one of the three founders of The Motley Fool. He is currently co-chairman of the board.

He attended the University of North Carolina at Chapel Hill on a Morehead-Cain Scholarship.
, co-founder of The Motley Fool. "I'm proud to announce we've caved to the pressure and we will be bringing our first public offering this month in the form of 'The Motley Fool Money-Making Life-Changing Special.'"

David and Tom Gardner Tom Gardner (born April 16, 1968) is one of the three founders of The Motley Fool and the current Motley Fool Fantasy Football champ. He is currently co-chairman of the board of The Motley Fool.  bring their common sense approach to financial independence to a national television audience in "The Motley Fool Money-Making Life-Changing Special," which will air on PBS PBS
 in full Public Broadcasting Service

Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural,
 stations across America in March.

Filmed before a live audience, "The Motley Fool Money-Making Life-Changing Special" offers both first-time and seasoned investors the tools, strategies, and confidence to make smarter decisions about their money. David and Tom Gardner demystify de·mys·ti·fy  
tr.v. de·mys·ti·fied, de·mys·ti·fy·ing, de·mys·ti·fies
To make less mysterious; clarify: an autobiography that demystified the career of an eminent physician.
 the intimidating world of finance in a way that is both entertaining and educational. "One of our goals at The Motley Fool is to teach as many people as possible the basics of fiscal responsibility and the power and reward of financial independence," said Tom Gardner. "PBS has a rich history and strong commitment to the concept of lifelong learning Lifelong learning is the concept that "It's never too soon or too late for learning", a philosophy that has taken root in a whole host of different organisations. Lifelong learning is attitudinal; that one can and should be open to new ideas, decisions, skills or behaviors. . We're proud to join forces and bring our own Foolish twist to that same tradition."

"The Motley Fool Money-Making Life-Changing Special" marks The Motley Fool's latest entry into traditional media and draws upon the same philosophy and advice that the Gardner brothers have used to grow The Motley Fool into a multi-media network offering financial solutions to more than 30 million people each month. "In their relatively short history, The Motley Fool has done an impressive job of using both online and traditional media to highlight the need for financial education in this country and around the world," said Alan Foster The name Alan Foster can refer to several people, including;
  • Alan Dean Foster, science fiction novelist
  • Alan Foster (footballer), Reading Football Club player in the pre-WWI era
  • Alan Foster (baseballer), a player active in the 1960s
, Vice President, Fundraising & Syndicated Programming. "PBS is proud to be the first to help the Fool bring their message to a national television audience."

In 1996, The Motley Fool broke into the publishing world with David and Tom Gardner's first book, "The Motley Fool Investment Guide." That and their subsequent three books are all national bestsellers. The company's newspaper column first appeared in the summer of 1997. Today it is syndicated to over 200 newspapers in the United States Newspapers have declined in their influence and penetration into American households over the years. The U.S. does not have a national paper per se, although the influential dailies the New York Times and the Wall Street Journal are sold in most U.S. cities.  and Canada. "The Motley Fool Radio Show," launched in 1998, is currently broadcast on more than 150 stations nationwide, and joins Rush Limbaugh Rush Hudson Limbaugh III (born January 12, 1951) is an American conservative radio talk show host and political commentator. Born in Cape Girardeau, Missouri, he is a self-described conservative, who discusses politics and current events on his program, , Howard Stern, and Don Imus on Talker's Magazine's list of the top ten talk radio shows by audience size. The Motley Fool's website, Fool.com, drew a company record 2.8 million unique visitors in January, according to Media Metrix.

For additional information on the television special: http://www.fool.com/press/2001/pbs/pbs.htm
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 1, 2001
Words:472
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