| Morning y'all Lifted off SH ... not sure if authentic:
 
 October 1, 1999
 
 Sites Unmask Online Investors Before They Can Fight Back
 
 By JASON ANDERS
 THE WALL STREET JOURNAL INTERACTIVE EDITION
 
 Every day, investors crowd online message boards and chat rooms to
 swap thousands of often-scathing messages about companies. Most
 boards allow postings to be made using aliases, adding to the
 no-holds-barred nature of the chatter.
 
 But with increasing regularity, and relative ease, companies are
 uncovering the identities of their online critics. Most of the time, the
 users
 have no idea their personal information has been revealed.
 
 "Usually your name is turned over before you even knew somebody
 had
 asked for it, and it's too late to fight it," says Lyrissa Lidsky, an
 associate
 professor at the University of Florida College of Law, who has studied
 lawsuits filed by companies against their online critics.
 
 Web sites generally won't turn over users' personal information -- like
 names and addresses -- unless faced with a subpoena. But such
 subpoenas are easy to come by, lawyers say, and often impossible to
 fight.
 
 Silicon Investor one of the most popular
 stock-chat sites, says it tries to notify users who are the subjects of
 subpoenas, but says it has no commitment to doing so. "It's just not
 practical for us. We would need an entire subpoena staff to handle
 something like that," says Ethan Caldwell, general counsel for Go2Net,
 
 Silicon Investor's parent.
 
 Mr. Caldwell says the site receives about one subpoena a day, and in
 "about half" of those cases is able to give users warnings that the site
 is
 about to turn over their personal information. Since Silicon Investor is a
 
 subscription-based site, that information includes credit-card numbers
 and
 billing addresses.
 
 Mr. Caldwell admits that the warning is often only a few days before
 the
 information is to be revealed, and may not give people enough time to
 fight the request.
 
 While it's obviously impossible for a user to fight a subpoena he
 doesn't
 know exists, it's still difficult to block such a request even if given
 advanced warning. Subpoenas are generally sought at the beginning of
 a
 civil case that has been filed against "John Doe" defendants. Lawyers
 say
 courts generally issue subpoenas without question, and are reluctant to
 
 block such requests so early in a case.
 
 "This is an incredibly tough issue for us. ... Whenever we inform
 someone
 that there's a subpoena for their information, people ultimately think
 that
 somebody is going to use this information to harass them or intimidate
 them. Sometimes, I think that's a very legitimate fear to have," Mr.
 Caldwell
 says.
 
 He says he has been personally troubled by some of the subpoenas he
 
 has received from companies -- whom he believes may have
 questionable motives. "I know at times this has a chilling effect on
 speech,
 and I really
 think that's tragic. ... But we're in a very difficult position," he says.
 "People
 sometimes say, 'My anonymity is everything, that's why I'm here. Why
 won't Silicon Investor defend me?' But ultimately, people have to be
 responsible for what they say."
 
 Yahoo! Finance (quote.yahoo.com), a free stock-chat destination,
 doesn't
 try to notify its users about subpoenas, in part because it has no idea
 who
 most of its users are. "We don't collect or verify personal information,
 so
 there's no way we could warn anyone," says Mike Riley, senior
 producer
 of Yahoo Finance.
 
 Often, he says, Yahoo turns over an IP address, a sort of digital
 footprint
 left by computers when they visit Web sites. Companies can then use
 that
 IP address to track the user back to a particular Internet service
 provider,
 which can then be subpoenaed to uncover the user's identity.
 
 Internet giant America Online on the other hand, is
 widely
 regarded as among the most user-friendly when it comes to handling
 subpoenas. The service has a longstanding policy of giving its users
 two
 week's notice before it responds to a subpoena for their personal
 information, so that users have a chance to challenge the subpoena.
 (AOL
 also has a legal team of about 55 lawyers, compared with the two
 attorneys who handle most of Silicon Investor's subpoenas.)
 
 "We just feel like this is the right thing to do. Our users deserve a
 chance
 to challenge the subpoenas," says Kim McCreery, a spokeswoman for
 the
 Dulles, Va., online giant.
 
 Of course, fighting a subpoena means hiring an attorney -- an
 expensive
 and often futile move, says Blake Bell, an attorney with Simpson
 Thacher
 & Bartlett in New York. "In most cases, plaintiffs are going to be able
 to
 get the information they want. A judge is going to be reluctant to try
 the
 case before it's even clear who the anonymous parties are," says Mr.
 Bell,
 who runs a Web site, CyberSecuritiesLaw
 
 that tracks so-called cyber libel cases. "Also you have to remember
 that in
 many cases you may be dealing with someone who isn't that familiar
 with
 lawsuits." Mr. Bell has represented companies that have sought to
 unmask
 
 online investors.
 
 "The average message-board user just isn't prepared for this," agrees
 Ms.
 Lidsky, the University of Florida law professor. "If someone says, 'I'm
 going to sue you for a million dollars,' that's enough to make most
 people's
 hearts stop, and likely enough to silence them."
 
 She says that no matter what the initial motivation may have been for a
 
 company that brings this type of suit, the cases rarely end up as
 anything
 other than an effort to silence a critic. "These people they're suing
 don't
 have any money to pay for damages. There's nothing else to sue them
 for
 except silence."
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