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Technology Stocks : WAMX -- Ignore unavailable to you. Want to Upgrade?

To: Arcane Lore who wrote (70)	6/14/2000 10:33:00 PM
From: Arcane Lore	Read Replies (2) \| Respond to of 98

Associated Press story by Larry Neumeister: ... Trading in two companies Walker described as ''the latest e-commerce wonders'' was suspended Wednesday by the SEC as part of the investigation. Wamex Holdings Inc., valued at $184 million, claimed it was about to begin operating an alternative trading system so customers could trade directly with one another. But the indictment said Wamex ''has never obtained, much less even filed, for an application for required regulatory approval.'' Company executives allegedly issued phony news releases that drove the stock's value from about $1 in December to nearly $20 by February. ... boston.com