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Strategies & Market Trends : Trading with Jerry Olson(OJ)

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To: Jerry Olson who wrote (1018)3/31/2003 10:52:17 AM
From: Frederick Langford   of 1617
 
10:09 ET EBAY eBay falls after 10-K filing (86.66 -2.63) -- Update --
Within document, co discloses that on March 28, PayPal received a letter from the U.S. Attorney for the Eastern District of Missouri indicating its contention that PayPal's provision of services to online gambling merchants violated 18 U.S.C. § 1960 of the USA PATRIOT Act, which prohibits the transmission of funds that are known to have been derived from a criminal offense or are intended to be used to promote or support unlawful activity, thereby subjecting PayPal to potential civil forfeiture of the amounts it received in connection with such activities as well as potential criminal liability

Fred
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