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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (71899)	11/21/2000 11:01:58 PM
From: Taki	Read Replies (1) \| Respond to of 150070

I see something about a great white shark here. What Taki was saying for years IMO.No kidding. What ever you do you get they say. To: Anthony@Pacific who wrote (63208) From: TheTruthseeker Tuesday, Nov 21, 2000 7:19 PM ET Respond to Post # 63211 of 63220 Knight Trading Group Accused of Fraud in Shareholder Lawsuit Newark, New Jersey, Nov. 21 (Bloomberg) -- Knight Trading Group Inc., the largest Nasdaq Stock Market middleman, has been sued for allegedly defrauding investors before disclosing a drop in earnings on Oct. 4 that caused its stock price to fall. The shareholder lawsuit, which seeks class-action status, accuses Knight of misleading investors between July 19 and Oct. 4, when it disclosed that third-quarter earnings declined by as much as 41 percent, rather than rising as expected. Bloomberg News reported that shares in Knight, based in Jersey City, New Jersey, fell more than 11 percent that day, to $28.50. Knight ``repeatedly issued false and misleading statements about the company's revenues and profits which resulted in artificially inflated profits for the company's common stock,'' alleges the federal lawsuit filed in Newark, New Jersey. ``The truth fully emerged when the company preliminarily disclosed its third quarter 2000 earnings on October 4,'' the lawsuit said. The lawsuit also alleges that between July 19 and Oct. 4, Knight co-founder Steven Steinman sold $31.4 million worth of company stock; company director Peter Hajas sold $13.3 million in stock, and executive vice president Robert Lazarowitz sold $6.8 million in stock. All three are named as defendants in the suit. Knight's CEO Kenneth Pasternak also was listed as a defendant. Shareholder Patricia Murray is named as the plaintiff in the case. Representatives of Knight could not immediately be reached for comment. Nov/21/2000 18:37 ET For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P. To: TheTruthseeker who wrote (63211) From: Anthony@Pacific Tuesday, Nov 21, 2000 8:19 PM ET Reply # of 63220 NITE,,,guilty of fraud..oh say it aint true... what a joke..i say they are guilty

To: Jim Bishop who wrote (71899)	11/22/2000 8:18:08 AM
From: ChrisJP	Read Replies (1) \| Respond to of 150070

Hi Jim, thanks for the update on NEON. The company's reassurances don't seem to be doing much for the stock price this morning. Then again ... futures are way down. I bought a few shares in after hours last night. NT ... interesting that it has rebounded while LU and AT&T have sold off. You would think they would move as a group. CSCO looks like it rebounded with NT, but of course appears to be heading lower this morning. If NT is heading up, (the big IF, lol !), the chart "says" it's near bottom. siliconinvestor.com I dunno, I think maybe we should stop trying to bottom fish and wait for Greenspan to go neutral. Chris