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Technology Stocks : Micron Only Forum
MU 207.36+3.0%Nov 21 9:30 AM EST

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To: Skeeter Bug who wrote (44924)4/8/1999 4:31:00 PM
From: John Graybill  Read Replies (3) of 53903
 
OT: Fascinating (yahoo) stock chat-board scam:

"The page on Angelfire.com, a Lycos-operated Web site that allows users to create their own Web pages, mimicked the look and feel of the Bloomberg.com Web site.

"The bogus news story said PairGain Technology (PAIR), a Tustin, Calif.-based telecom firm, had agreed to be acquired by Israel's ECI Telecom Ltd. Shares of PairGain soared as much as 31% Wednesday, before giving up some of the gains after PairGain denied the acquisition. A message posted on a Yahoo stock chat message board linked to the bogus page. Soon links to the page were posted on numerous other Internet sites."

cbs.marketwatch.com
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