SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 160.65-0.5%9:50 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stan who wrote (123976)9/15/2002 3:45:54 PM
From: Art Bechhoefer  Read Replies (1) of 152472
 
Although QCOM shareholders may have been burned by First Boston's alleged attempts to manipulate the price, I think that the only kind of action that would stand a good chance in court would be similar to the action taken by the New York State Attorney General Spitzer against Merrill Lynch. Turns out that the New York laws that apply to fraudulent statements are stronger than federal laws, particularly when actions are brought by a committed prosecutor.

Note that when analysts give opinions that seem to be out of wack, the analysts and their firms are careful to call them only opinions, as if they are entitled to express whatever opinion they like under the protection of the first amendment. The catch is whether, by publishing misleading opinions, they were able to profit more than if they had said nothing, or told it like it is.

Art
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News