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Non-Tech : Iomega Thread without Iomega

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To: Raven McCloud who wrote (2777)10/28/1998 2:18:00 PM
From: Cogito  Read Replies (1) of 10072
 
>>IOM has been hyped and hyped and hyped, and its price has collapsed into the cellar. So beware all those who Hype garbage stocks like IOM. The SEC may be on your tail next.<<

Raven -

The only thing I see wrong with this response is that it misses the point. The SEC is not interested in prosecuting people who hype stocks. They prosecute people who hype stocks without revealing that they are paid to do so, or that they have some other material connection to the company whose stock is being hyped.

It is perfectly permissible, under SEC regulations, to express the opinion that a stock is going to rise or fall, whether or not that opinion is correct.

- Allen
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