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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-87.0%Nov 7 9:30 AM EST
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To: DMaA who wrote (21688)5/24/2002 6:31:31 PM
From: David Lawrence  Read Replies (2) of 22053
 
>> White-collar crime experts voiced shock at the allegations, especially the FBI agents' alleged involvement. "I've never come across a case like this one," said Robert Mintz, a former federal prosecutor who heads the government investigations practice at the Newark law firm of McCarter & English. "It seems incredibly bold to use the government's own resources to orchestrate a stock-manipulation scheme."

They obviously weren't looking too hard. Stock Watch should go back and review activity in every issue that was in the database during Royer and Wingate's tenure.

>Silicon Investor members demanded Mr. Elgindy be reinstated after he was suspended from the site in 1999 when his remarks got a little too caustic.

I remember all too well. A weak moment for SI management, to be sure.

>The most serious charge against each defendant carries a prison term of up to 20 years.

I hope they throw the book at 'em and give the maximum with consecutive terms. A message needs to be sent, loud and clear. And, heads need to roll at the FBI. I can't understand how these agents and accomplices expected not to be caught, and worse, why it took so long the the FBI to catch them.
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