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Technology Stocks : Data Dimensions

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To: Jumper who wrote (3434)10/31/1997 11:17:00 AM
From: paul aswad  Read Replies (2) of 4571
 
Jump, Thought you might enjoy the following article in business week 11-3-97 titled Fidelity Settles its fraud suit...."Fidelity investments ended one of the most serious lawsuits ever to face the mutual fund industry on Oct. 21 by agreeing to pay 10 million to settle a fraud case against Jeffrey Vinik. At issue: whether the former magellan fund manager intentionally misled investors in micron when he made public statements in late 1995 saying he liked the stock while he secretly sold shares. Some attorneys say similar suits could follow."
Sounds rather familiar to the way the pros are playing this little doggy....eh?? or am I just dreaming happy thoughts again???
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