The History of Silicon Investor Message Board

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To: Arcane Lore who wrote (102)	3/7/1998 10:45:00 AM
From: Arcane Lore	Read Replies (2) of 1327

First instance of SI being demonstrated inside a courtroom?: newscoast.com Man on trial for defrauding investors through the Web By Michael Pollick STAFF WRITER The Internet as an investment medium went on trial Wednesday as the former president of NVID International, Robert Bunte, faced federal charges of defrauding more than 1,000 investors. In the first day of his federal criminal trial in Tampa, jurors were treated to a live demonstration of a popular investment World Wide Web site called Silicon Investor. It was through that site that one witness said he was lured into buying stock in NVID, a tiny Sarasota company that was touting a revolutionary new disinfectant product. <snip> The operators of the web sites were not accused of wrongdoing. The new medium simply became the conduit for bogus information, prosecutors say. <snip> While Moss was explaining the investment web sites he frequents, jurors were given a live demonstration, using Moss' logon and password, to see how NVID news releases are funneled to millions of potential investors through sites such as Yahoo Finance, Silicon Investor, and Quote.com. ...

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