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Technology Stocks : All About Sun Microsystems

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To: E_K_S who wrote (41600)	2/25/2001 2:39:06 AM
From: QwikSand	Read Replies (1) of 64865

*OT* P.S. Just my opinion and not investment advise. Question for any lawyers out there: I notice that quite a few posters on this thread and others append this type of disclaimer to every post. My question is: why? Can you sue the tipsy guy at the next urinal who tells you he just bought a bunch of some BB stock, if you go out the next day and buy the same stock and lose a bundle? This guy didn't represent himself as a financial professional, or promise you anything, or enter into any contracts with you. He just said he thinks a stock is going up. What liability does he incur by doing that? I can MAYBE understand that liability might exist if you say "I'm buying XXXX for my hedge fund tomorrow" or "my friend at company X says they're going to miss their numbers and lay off next week", etc. But can somebody really incur actionable liability (i.e., that wouldn't immediately be dismissed) by posting some random one-man's-opinion on a public message board? If so we need to repair some statutes. --QS

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