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Pastimes : Investment Chat Board Lawsuits

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To: mmmary who wrote (3258)	6/5/2002 10:34:46 PM
From: PartyTime	Read Replies (1) of 12465

Mary, I think you missed the operative phrase--the last paragraph: "Breen said that Elgindy had $2 million invested in positions that would have benefited from a market collapse." Oftentimes I've seen the larger exchange stocks plunge downward while OTC and pink-sheeted stocks stayed stabile or went up. From writing I've read lately on the Elgindy subject, wasn't Elgindy primarily targeting OTC stocks? It's hard to defend the unknown. The mo-mo, at this point, rests with the charges since the information that led to them is known.

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