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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (59442)	9/20/2000 8:56:41 PM
From: StockDung	Read Replies (1) \| Respond to of 122088

Cauley & Geller, LLP Announces Class Action Lawsuit Against MP3.com, Inc. Seeking Damages On Behalf Of Shareholders BOCA RATON, Fla.--(BUSINESS WIRE)--Sept. 20, 2000--The Law Firm of Cauley & Geller, LLP announced today that it has filed a class action in the United States District Court for the Southern District of California on behalf of all individuals and institutional investors that purchased the common stock of MP3.com, Inc. ("MP3" or the "Company") (Nasdaq:MPPP) between January 13, 2000 and September 7, 2000, inclusive (the "Class Period"). The complaint charges that the Company and certain of its officers and directors violated the federal securities laws by providing materially false and misleading information about the Company's financial condition. Specifically, the complaint alleges that defendants' false and misleading statements about strong sales and the growth of MP3's existing Internet services, which generated more than 90% of MP3's revenue, and the strong continuing growth of its products for the next several quarters, which would result in 350% revenue growth for MP3 for the 1stQ, 2ndQ, 3rdQ and 4thQ fiscal 2000 over fiscal 1999, artificially inflated MP3's stock to a Class Period high of $36-1/2. On 9/7/00, it was revealed that, due to MP3's willful illegal acts, including violations of United States copyright laws, its financial results were going to be much worse than earlier forecast and that MP3 would be the subject of a potentially lethal damage award. Upon this revelation, trading in MP3's stock was halted, last trading at $5-21/32, a decline of over 85% from the Class Period high. Cauley & Geller, LLP has substantial experience representing investors in securities fraud class action lawsuits such as this. The firm has offices in Florida, Arkansas and California, but represents shareholders from throughout the nation. If you have any questions about how you may be able to recover for your losses, or if you would like to consider serving as one of the lead plaintiffs in this lawsuit, you must meet certain requirements and take appropriate action by November 20, 2000. You are encouraged to call or e-mail the Firm or visit the Firm's website at www.classlawyer.com. CONTACT: Cauley & Geller, LLP, Boca Raton Sue Null, Jackie Addison or Sharon Jackson Toll Free: 1-888-551-9944 E-mail: Cauleypa@aol.com TICKERS: NASDAQ:MPPP KEYWORD: FLORIDA BW2754 SEP 20,2000 15:49 PACIFIC 18:49 EASTERN ......