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Technology Stocks : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?

To: Bimini who wrote (782)	4/11/2000 7:42:00 PM
From: WaveSeeker	Respond to of 1219

Bimini, sure thing. I would check out the AG thread for a complete list, but some of the good ones over the years have been: CBTSY (long) CLCX (short) WCAP (long) ACRI (long) In any case, I happen to think he's dead on here about LPTHA. There are far better places to be. WS

To: Bimini who wrote (782)	4/12/2000 7:03:00 PM
From: Sir Auric Goldfinger	Respond to of 1219

Former D.H. Blair Broker Falco Pleads Guilty To Fraud 4/12/0 18:13 (New York) By Colleen DeBaise NEW YORK (Dow Jones)--A former D.H. Blair & Co. broker has pleaded guilty to taking part in a stock fraud scheme that cost at least one investor $200,000. Patrick Falco, 29 years old, pleaded guilty to charges of attempted enterprise corruption and securities fraud in New York State Supreme Court. He admitted to working with a number of other D.H. Blair brokers to maintain and manipulate the prices of stocks after they were brought public at artificially high prices. He faces a maximum sentence of 15 years in prison. According to the Manhattan District Attorney's office, which brought the charges, the scheme benefited D.H. Blair's favored customers, who were able to readily sell their IPO shares in the aftermarket. The shares were bought by other, nonfavored customers, who weren't aware they'd have trouble unloading the stocks and later lost money when the stock prices dropped, according to prosecutors. Falco was charged with fraudulently selling shares of Interactive Flight Technologies Inc., Digital Video Systems Inc. (DVID) and Advanced Aerodynamics & Structures Inc. (AASI). Such conduct, prosecutors contend, resulted in one investor from Maryland losing $200,000. Falco's attorney couldn't immediately be reached for comment. His sentencing date wasn't available. The D.A.'s office said the plea is part of a continuing investigation into corrupt activities in the securities industry. D.H. Blair, which once billed itself as a full-service brokerage specializing in selling shares of small start-up companies, ceased retail operations in 1998. In August 1997, the firm agreed to pay $2.3 million in restitution to retail customers for alleged excessive markups in connection with several public offerings after a regulatory probe led to censure and fines of $2 million. -Colleen DeBaise, Dow Jones Newswires, 212-227-2017,