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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (4658)	8/25/2000 11:22:10 AM
From: C	Respond to of 30051

Is the EMLX news a hoax?? Message 14274459

To: Zeev Hed who wrote (4658)	8/25/2000 11:24:20 AM
From: Denice	Respond to of 30051

Zeev, I heard the same thing. Emlx is being called a hoax. The fellows on CNBC where wondering can the NAZ undo all of these trades that happened today. Great gain for you if they stick. Congrats. Sorry to all those who sold Denice

To: Zeev Hed who wrote (4658)	8/25/2000 11:24:29 AM
From: cluka	Respond to of 30051

11:14 ET Emulex (EMLX) : -- Update -- Appears that the fake Emulex press release began on Internet Wire, a privately held company that has a number of big-name VC firms behind it. Internet Wire is apparently positioning itself as a PRNewswire and Business Wire competitor, and notes on its site that its content is distributed to sites such as Bloomberg and Comtex -- these were the sources that trading floors mentioned for the news this morning. Unlike past hoaxes that were initiated in chat rooms, this one appears to have come from an actual wire service, which explains how it gained credibility so quickly.