Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 33.66

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9:43 AM EST

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To: Diamond Jim who wrote (110508)	9/21/2000 11:49:07 AM
From: The Duke of URL©	Read Replies (2) of 186894

"In one instance, Lebed claimed that a company trading for $2 a share would go for more than $20 a share "very soon." Other messages said that a stock would be the "next stock to gain 1,000 pct," and was "the most undervalued stock ever," the SEC alleged. " Yeah, I read that too. Strangely enough, those particular statements that you quote could not technically, without more, be a violation of the law. These are statements of or opinions of future events. Since no one can know the future, it cannot be a statement of fact upon which one could justifiably rely. They are opinion. Since they can not be "true", they also cannot be "false". All in all, a very interesting case.

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