PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: ROSARIO who wrote (3776)	6/29/1998 6:35:00 PM
From: DianaX	of 43774

"Internet investment fraud. The SEC says it relies primarily on tips and complaints from outsiders to advise it of possible Internet abuses. But it also has begun assigning staffers to monitor some chat rooms and bulletin boards. Stark concedes that the SEC can never fully scope out the Internet's ''infinite territory.'' The NASD is spending millions of dollars to create a computerized Internet surveillance program called Netwatch. The rollout is scheduled for this summer. Netwatch will try to detect unjustified hyping or bashing of stocks by brokerage firms and their employees, over whom it has disciplinary authority. Once Netwatch is up and running, NASD's computers will continuously scan the bulletin boards on the most-popular investment Web sites. Bulletin boards lend themselves to this kind of surveillance because the postings remain accessible for long periods of time."

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