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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Observer who wrote (41650)	10/13/1999 12:43:00 AM
From: jhild	Read Replies (1) \| Respond to of 43774

Your obvious purpose is to destroy the investment of people you do not even know and to keep new investors from considering purchasing stock in PABN. You are clearly confused about the dynamics of the market. I destroy no investment. The company can very comfortably shoulder that responsibility on its own. Why they could even post their financials at any time. They could have chosen to become a filing company last year. They clearly have not made that choice. I despoil nothing. They demonstrate no value through any responsible filing. Yet you would blame me for the failure of their stock price. New investors are quite free to consider investing in this company. I make no effort to prevent consideration. I encourage it in fact. I encourage a full examination of their record of accomplishments. A full examination of how their statements match the panoply of subsequent results. So, let's be quite clear here. Are you saying that you would cover over their problems so that new investors would not be apprised of the full story? Why would that be? What kind of neighbor are you to your fellow man that you would value your prosperity over another's ruin? So are you really comfortable making money through the deception of omission?

To: Observer who wrote (41650)	10/13/1999 9:53:00 AM
From: J T	Read Replies (1) \| Respond to of 43774

found this on the Bull... "Should Anonymous Online Critics Be Held Accountable? By Chet Dembeck E-Commerce Times Columnist October 12, 1999 Since the advent of online trading and e-commerce, message boards and chat rooms have become havens for those who want to take shots at or float rumors about different companies and their top management. Unfortunately, most of the popular investment boards allow these often-ruthless online critics the use of aliases to hide their true identities. However, according to recent reports, more and more companies are fighting back. By subpoenaing these sites, companies are discovering the real names and e-mail addresses of these anonymous bad-mouthers. Cease And Desist In fact, it has been reported that some stock chat sites are getting so many requests for the identities of certain posters that they may be forced to hire a staff just to process them. Some sites apparently try to notify the poster that they are about to be unmasked, while others do not. It is believed that America Online in particular has a long-standing policy of giving its users two weeks notice before it responds to a subpoena for personal information. Nonetheless, in most cases, the legal counsel for the inquiring company will warn posters that a failure to cease and desist will result in a lawsuit. Usually, this warning is enough to frighten off the average online faultfinder, especially after they calculate the high cost of retaining legal counsel. It is this silencing of those critical of corporate America that has many advocates of the First Amendment bent out of shape. They contend that such legal intimidation is really an infringement upon the unmasked chatters' freedom of speech. Still, companies claim that disgruntled former employers or people who are trying to benefit by driving down the price of the firm's stock are using aliases as a way to shield them from the law. Read 'Em And Weep Being a journalist, I find it somewhat awkward to say that I wholeheartedly agree with the conclusions of many of these companies. I have perused the message boards of dozens of financial sites and have found messages that range from being simply misguided to outright slanderous. Before the shield of the Internet existed, no person would dare air some of the accusations, rumors or untruths that I have seen scattered on chat boards, for fear of being sued. And rightfully so. Strange Phenomenon I've noticed a strange phenomenon that has developed in cyberspace. It is the false notion that somehow, anything goes on the Internet. The general consensus among many is that there is no such thing as personal responsibility online. Hogwash. Try and tell that to the next FBI agent who arrests somebody for trying to seduce a minor or transmit child pornography via the Internet. Own Up As a journalist, if I write something I can't put my name to, it means that I haven't really checked the facts or presented both sides of the story. If I make a mistake for some reason -- even innocently -- the party I unintentionally injure can sue me. It's plain and simple. That's why I'm very careful. Anonymous message posters should be too." ragingbull.com