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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (958)12/29/2000 7:40:43 PM
From: EL KABONG!!!  Read Replies (1) of 12465
 
From a CNBC newsletter e-mailed today...

Mark Jakob, pleaded guilty in California today to 2 counts of
securities fraud and one count of wire fraud. Jakob, you remember,
perpetrated the Emulex hoax last summer, which netted him $240,000
and cost other shareholders an estimated $110 million. His plea
agreement calls for up to 46 months in jail. Sayonara, Jakob. We
hope when you get out you can think of way to make a living that
doesn't hurt others.


KJC
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