Examines the Supreme Court's decision on the Dirks case. Doubt on the competence of Justice Powell to give a proper judgment; Liability of an analyst for passing inside information; Background of the case and the individuals involved; Charges filed against Raymond L. Dirks; Dirks as tippee and tipper; Readjucation of Dirks; Dirks' duty to the victim; Duty to forego trading; Primacy of disclosure.