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Technology Stocks : WDC/Sandisk Corporation

WDC 169.99

-2.4%

3:59 PM EST

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To: Steve 667 who wrote (13367)	7/28/2000 2:56:11 PM
From: Craig Freeman	Read Replies (1) of 60323

Steve, thanks for the list of Napster replacements. Most people don't know that the FBI is required by Federal law to investigate ALL reported incidents of suspected copyight violations. There is an automatic fine for copyright violation of $1 per copy plus three times the retail price. Intentional violators get whacked with an extra $50,000 and a possible jail sentence. According to the news, the FBI already has email monitors in place at various ISPs which they have used in ~100 criminal cases. It doesn't take a huge stretch of the imagination that the RIAA could complain and get a list of every song MP3 uploaded or downloaded from individual PCs. Horifying as it sounds, millions of people could get computer-printed letters from the RIAA in the foreseeable future ... offering to accept a credit card payment in lieu of being included in the largest class action suit ever :-( Craig

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