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To: pater tenebrarum who wrote (13823)8/25/2000 10:42:33 AM
From: martin001  Read Replies (2) | Respond to of 436258
 
HB - Emulex CEO resigns/restate earnings/SEC investigate

Amazing stuff - as I had just closed a position in it
at 103 - seconds before it crashed.

50 points in 12 minutes

MZ



To: pater tenebrarum who wrote (13823)8/25/2000 10:49:38 AM
From: wlheatmoon  Read Replies (3) | Respond to of 436258
 
somebody may fall out of a helicopter for this.

10:12 ET Emulex (EMLX) 103 1/2 -9 9/16 (8.5%): -- Update --
Says last quarter's earnings will be revised and will fall short of
previously announced net income. Net earnings for fiscal 1998 and
1999 will also be revised. (Internet Wire/Bloomberg)

10:10 ET Emulex (EMLX) 104 7/16 -8 5/8: Announces resignation
of CEO as SEC launches investigation..



To: pater tenebrarum who wrote (13823)8/25/2000 12:09:54 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
These chat rooms are evil things. Who can you trust but CNBC? You can bet when Tom passes on a rumor from a trader in the know, it's on the up and up. Plus it's okay to pass on buyout rumors like they were on Emulex the last couple days.