Silicon Investor (SI) -- The First Internet Community

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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wa who wrote (404)	4/7/2000 1:05:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 1658

I added this morning at $176 - building a serious position. Cheers, Ibexx

To: Ben Wa who wrote (404)	4/7/2000 1:59:00 PM
From: Alex Mt	Read Replies (2) \| Respond to of 1658

Steve "Pluvia" and "The Truthseeker" are short sellers. They are very good at what they do but I think they missed the boat on TERN. Following is an introduction to Steve: thestreet.com A Cybersleuth Claims Credit for SEC Action on Bulletin-Board Stocks By Eric Moskowitz Senior Writer 2/5/99 3:00 PM ET With the explosive growth of online trading, a nether world is evolving in which individual investors, cybervigilantes and Internet gurus meet in online stock chat rooms. Like bit players in a John Ford movie, these colorful characters populate the Wild West of Wall Street. See also Trading Suspensions Growing More Common WWW Internet Fund Finds Net Stocks Can Turn South Quickly With individual investors taking an increasingly prominent role in this bull market, these online main streets -- full of gossip, opinion, invective, hype and sometimes hard news -- can exert hefty pressure on stocks. And taking center stage are the Silicon Investor chat boards. The cybersleuths here, often dismissed as kooks or crooks, recently received some vindication from regulators. Last Friday, the Securities and Exchange Commission suspended trading for 10 days on six over-the-counter bulletin board stocks after they suddenly rocketed even without any material news. The impetus to halt trading came from Steve Pluvia (not his real last name), a well-known poster on Silicon Investor who has seen his fair share of controversy. On Jan. 25, a full week before the SEC halted trading in four of the stocks, Pluvia started a thread titled "One Big Scam? CTRN, ECTS, IVHD, SMEK and MALB." The stocks subsequently halted by the SEC included Citron (CTRN:OTC BB), Smartek (SMEK:OTC BB), Electronic Transfer Associates (ECTS:OTC BB) and Invest Holdings Group (IVHD:OTC BB). Pluvia and his cyberassociates, who use Web names such as Bear Down, Floydie and Tastes Like Chicken, represent a new breed of sleuth/investor in search of instant gratification. Perhaps this breed owes its existence to the rampant bull market and evolving computer technology. Ever since Silicon Investor -- now owned by Go2Net (GNET:Nasdaq) -- started more than three years ago, Pluvia has used the chat boards to communicate his findings as he tracks small-cap companies that fall beneath Wall Street's radar.