Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?

To: JimNewby who wrote (5856)	10/28/1999 9:33:00 AM
From: Tom Frederick	Respond to of 5908

Jim, Thanks for the clarification. I think that no matter how you slice it, the power of internet chat rooms and threads are going to come under the watchful eye of companies. It is not at all like chatting with buddies. Posts can come across as having credibility when there is none and with more and more trading going on line, the associated increase of communicating opinions and views of a companies activities on line will start to approach the category of yelling movie in a crowded fire house. (or is it the other way around?) It will be interesting to see how this all pans out. Tom F.

To: JimNewby who wrote (5856)	10/31/1999 1:57:00 AM
From: Khris Vogel	Read Replies (1) \| Respond to of 5908

If my memory serves me right, it was Labor Ready LRW (traded under LBOR at the time). Posters said the company was under investigation for "Accounting Irregularities." It was not true; a conference call with a member of their accounting firm contested the posters remarks and set out to identify and prosicute the posters. The stock price fell over 50% in one day and took months to recover. I have no follow-up; don't know if they found them or prosecuted. It wasn't LRW. While your comments about the rumors being just that are right, the co. never did pursue legal action against those who spread the manure. I think the co. who went after the posters was ITEX or something like that.