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


To: anandnvi who wrote (567)8/26/2000 10:40:58 AM
From: HoyaBob  Respond to of 788
 
Thanks for your hypotheticals. The rapidity of stock transactions, the apparent veracity of Dow Jones and Bloomberg (third part news gatherers who supposedly hew to some type of verification standards before moving the commodity they get paid for -- news ), and the mechanical nature of cyber trading make any answers to your good questions problematical. And as you are aware, banks are hyper regulated by state and local authorities as well as the feds. Depending upon the source of the rumor, you or the bank might still have a cause of action against the rumor fabricator.

I think that many EMLX investors were defrauded and that others, like myself (18 percent profit in a week, thanks) will sell the stock because of the prospect for a lawyers bloodbath and blame game which pits the exchanges, EMLX, the news gatherers, etc. against each other for the next few months. Thanks for your cogent thoughts. BTW are you in Annandale?