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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (40028)	11/27/2000 3:44:22 PM
From: Joseph Beltran	Read Replies (1) \| Respond to of 70976

not only was it actionable criminal racketeering but against every anti-trust regulation on the books. The regrettable part was that the SEC stood by and did nothing. absolutely nothing. This should and will go down as the darkest chapter in SEC history. smartmoney.com

To: Jacob Snyder who wrote (40028)	11/27/2000 3:52:46 PM
From: Mark S.	Read Replies (1) \| Respond to of 70976

You stated: "IPO business was legal racketeering conducted by the Street". Why is it when the public demands product at any price its considered foul?

To: Jacob Snyder who wrote (40028)	11/28/2000 12:08:19 AM
From: Pink Minion	Respond to of 70976

When an analyst set a 500$ price target for a dotcom that his employer took public, while they sell (to retail investors) the stock they got pre-IPO, is that wrong? From their point of view, this activity (an immense tranfer of wealth from retail investors to the Street and venture capitalists) is very very right. You've got to be kidding. This is the biggest scam going in the world. Not much different than selling snake-oil. These guys are also the biggest shorters. When you couldn't find any RHAT shares to short at $150, you knew that was the top and Goldman and Merril were short to the hilt. These guys are just one big conflict of interest and the biggest crooks around. Self regulated my ass. A must read: Message 11540388