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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Cavalry who wrote (9503)	11/2/1998 7:04:00 AM
From: Trooper	Read Replies (1) of 25711

Friends, we could be rocking and rolling today at BNEZ. Check this out. Taken off Yahoo. On Friday afternoon , a New Mexico judge denied AOL a summary judgement against a small software company , BNEZ , that is suing AOL for undisclosed damages to its stock price due to misquoted stock prices that remained misquoted for over a week , even though AOL knew about the problem. The judge granted BNEZ's lawyers limited discovery into AOL's very secretive inner workings. This is a precadent setting case, and may determine how much liablilty AOL and the other ISP's have in the information they provide. Hopefully , AOL will settle this lawsuit out of court and as quickly as possible , to keep all of the negative press from tanking AOL's very expensive stock price, and opening itself up to hundreds of similar lawsuits in the near future. Will be looking for some major news coverage of this situation to hit the wires early Monday morning.

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