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Technology Stocks : Data Dimensions

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To: Jumper who wrote (3434)10/31/1997 4:52:00 AM
From: Eric Klein  Read Replies (2) of 4571
 
r.e. biz.yahoo.com
<< Stern said that Pinez orchestrated a conspiracy in which Centennial include some $13 million of revenue from phoney sales over a period of 11 fiscal quarters. He said Stern acted with the others in the scheme to defraud investors.

According to the indictment, the scheme, which took place from June 1994 to Decmeber 1996, included false financial performance disclosed in SEC filings, hyped announcements about company activities and non-existent sales contracts.

The contracts were designed to create the illusion of a company prospering with millions of sales, including more than $2.0 million through a fictional product called ''Flash 98.'' Also involved were the production of thousands of dummy computer cards to fool Centennial's outside auditors about the value of the company's inventory and shipment of the cards to accomplices to create shipping records for the fake sales. >>

This sounds like Copytele (COPY). COPY makes DDIM seem like a bunch of pikers. DDIM could take lessons from COPY in terms of nonexistent products and sales announcements.

ARDES just cannot hold a candle to the Magicom!
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