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Technology Stocks : PairGain Technologies

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To: Joe Pirate who wrote (30540)	4/17/1999 3:12:00 AM
From: Intrepid1	Read Replies (3) of 36349

Aye, my swashbuckling friend you have missed my point. If Mr. Hoke had somehow managed to disseminate his "fake" through an accredited news wire service then he could be accused of issuing a fake press release. The item in question was not issued through a wire service, it was only posted on a personal web site. It therefore cannot be classed as a press release fake or otherwire. The Trademark infraction is a civil matter and it is up to Bloomberg to persue Mr. Hoke for that alleged civil infraction. As for Mr. Hoke being nailed for securities fraud, the prosecution must prove Mr. Hoke intended to commit fraud. So far, investigators have turned up no evidence to suggest Hoke was trading in PairGain stock the day he posted the "fake" to his website. If Mr. Hoke made no financial gain from his escapade, he might get lightly grilled but I doubt he will be toasted. regards etc.

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