Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (489)	8/25/2000 1:03:10 PM
From: Lynn	Respond to of 788

The company responds to the hoax: Market Pulse Last Update: 1:01 PM ET Aug 25, 2000: Friday, August 25, 2000 EMLX comments on hoax --1:01 pm - By Chris Kraeuter Emulex Corp. (EMLX: news, msgs) has now put out an official press release saying that "unknown persons have published and circulated a fictitous press release this morning." Shares are halted and no reopen time has been announced yet. According to Emulex, the SEC and the Nasdaq surveillance team are investigating. "Emulex shareholders should be assured that our business is at record levels and the fundamentals of our business and my commitment to this company have never been stronger," said Paul Folino, president and CEO. Shares were halted down 48 1/16, or 43 percent, to 65. (See 10:45, 11:10 and 11:27 items.) www2.marketwatch.com Lynn

To: Boplicity who wrote (489)	8/25/2000 1:05:17 PM
From: Mary Baker	Read Replies (1) \| Respond to of 788

Tom Costello from CNBC on the NASDAQ floor reports that an FBI spokesman from the Computer Fraud Unit is now at the company and investigating. Looks like they think the release originated from within the company! Someone with an agenda. Tom repeated that all trades before the HALT will stand.