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

To: Anthony@Pacific who wrote (63838)	11/29/2000 9:04:50 PM
From: StockDung	Respond to of 122087

10 most active stocks on Instinet (6:30 p.m. EST) Company Price Change Session Volume Intel (INTC:Nasdaq - news) 37.77 -4.98 274,863 Gateway (GTW:NYSE - news) 20 -9.5 258,600 Microsoft (MSFT:Nasdaq - news) 62.50 -2.56 246,250 Oracle ( ORCL:Nasdaq - news) 21.25 -1.63 191,100 Dell Computer (DELL:Nasdaq - news) 19.75 -2.06 152,678 Cisco Systems ( CSCO:Nasdaq - news) 49.53 -2.16 142,700 Xilinx (XLNX:Nasdaq - news) 36.13 -6.88 137,370 Brocade Communications (BRCD:Nasdaq - news) 152 -1.75 128,900 Apple Computer (AAPL:Nasdaq - news) 16.25 -1.31 126,100 Broadcom (BRCM:Nasdaq - news) 87.50 -7.5 120,900 This information is provided by Instinet, a wholly owned subsidiary of Reuters (RTRSY:Nasdaq ADR - news). For further information, please contact Instinet at www.instinet.com. 10 most active stocks on Island ECN (8:00 p.m. EST) Company Price Change Session Volume Intel (INTC:Nasdaq - news) 37.88 -4.88 285,892 Brocade Communications (BRCD:Nasdaq - news) 153 -0.76 232,830 Oracle (ORCL:Nasdaq - news) 21.31 -1.56 170,321 Broadcom (BRCM:Nasdaq - news) 87.50 -7.50 164,828 Dell Computer ( DELL:Nasdaq - news) 19.69 -2.13 142,847 NorthPoint Communications ( NPNT:Nasdaq - news) 0.88 -1.13 138,424 Cisco Systems (CSCO:Nasdaq - news) 49.38 -2.31 133,892 Ciena (CIEN:Nasdaq - news) 67.25 -5.75 130,925 Juniper Networks (JNPR:Nasdaq - news) 106.81 -8.94 101,400 Altera (ALTR:Nasdaq - news) 19.25 -6.69 87,021 Island ECN, owned by Datek Online, offers trading, mainly in Nasdaq-listed stocks, from 7 a.m. to 8 p.m. EST.

To: Anthony@Pacific who wrote (63838)	11/29/2000 9:13:02 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

Maximum Communications, Inc. (THEDAYTRADERS-DOM) 8526 West Golf Road Unit-S Niles, IL 60714 Domain Name: thedaytraders.com Administrative Contact, Technical Contact: Chris, Rea (RC5886) daytrader@MEDIAONE.NET 8526 West Golf Rd Niles, IL 60714 847-583-0300 (FAX) 847-583-0342 Billing Contact: Andjelkovic, Kristina (KA2574) kris@MAXCOM.NET Maximum Communications, Inc. 8526 West Golf Road Unit S Niles,, IL 60714 847-583-0300 (FAX) 847-583-0342 Record last updated on 31-Aug-2000. Record expires on 12-Jul-2002. Record created on 12-Jul-1998. Database last updated on 29-Nov-2000 20:29:08 EST. Domain servers in listed order: NS1.DYNAMICWEB.NET 205.178.159.134 NS2.DYNAMICWEB.NET 205.178.138.137

To: Anthony@Pacific who wrote (63838)	11/30/2000 9:00:23 AM
From: sunshadow	Respond to of 122087

Flamboyant Short Seller Settles NASD Allegations By CHARLES GASPARINO - WSJ *Follow up to yesterday's short WSJ piece Regulators have clipped the wings of one of the nation's most high-profile short sellers. The regulatory arm of the National Association of Securities Dealers, in a settlement announced Wednesday, accused Manuel Asensio and his trading firm, Asensio & Co., of a series of violations involving several hundred bearish market bets, among other things. Without admitting or denying the allegations, Mr. Asensio agreed to pay a $75,000 fine, to retake a basic brokerage examination and to remove some advertisements from his Web site. The agreement caps the NASD's two-year inquiry into the activities of one of Wall Street's most controversial players. Mr. Asensio's flamboyant methods -- he often would blast his targets on his Web site and sometimes referred to companies he shorted as "frauds" -- were the subject of a Page One story in The Wall Street Journal in June. A Short-Seller Trades Blows With a Target Who Won't Fold (June 26) In an interview, Mr. Asensio asserted that NASD Regulation's inquiry and findings are motivated by some of his efforts to expose fraud and abuse in the stock market -- an assertion that regulators deny. Mr. Asensio, 45 years old, has earned as much as $6 million a year from short selling -- borrowing shares of a company from a broker and selling them, hoping to buy back the shares later at a lower price, return the shares to the lender and pocket the difference. During much of the bull market, he thrived while many other short sellers lost money and went out of business. Instead of targeting pricey Internet and technology stocks, however, Mr. Asensio instead has focused on companies that he believes are misrepresenting their business to investors. In Wednesday's action, the NASD accused people affiliated with Asensio & Co. of posting more than a dozen Internet bulletin-board messages without disclosing their affiliation with the firm. Instead, the NASD says, these people used names such as Xuanya1, Cruve66509 and Flyrow. The NASD said that one message, written by a person before ending an affiliation with the firm, stated: "Asensio & Company's research is precise ... I have no affiliation with and have no special interest in Asensio... ." Another posting stated, "Asensio stands for the truth." The NASD accused Mr. Asensio of omitting facts or making misleading statements on his Web site and failing to disclose risks involved in his short-selling activities and to keep proper records. Between Aug. 1, 1998, and July 31, 1999, the firm reported 331 sales transactions without indicating they were short sales as required. On six graphs on the Asensio Web site containing strong sell or short-sell recommendations, Mr. Asensio improperly indicated when he launched his recommendation to begin shorting the stock, the NASD says. Mr. Asensio effectively overstated how much money an investor would have made following his short-selling advice, according to the NASD. As part of the settlement, Mr. Asensio also agreed to remove all advertisements that are cited in the NASD complaint. He also has agreed to retain an outside consultant to review his firm's short-selling policies. In the interview, Mr. Asensio blamed the NASD scrutiny of his activities on his outspoken ways. Mr. Asensio has openly criticized some officials of the American Stock Exchange, whom he says have loose ties with, and have refused to act against, some of the companies he has targeted in his short-selling activities. The Amex is owned by the NASD, which also oversees NASD Regulation. "The fact that Amex leaders are involved in blatant stock fraud is a far greater offense then any of these alleged hyper-technical rule violations involved in the settlement," Mr. Asensio contended. "There isn't any reason for this inquiry except for my public criticism of the American Stock Exchange." An Amex spokesman called Mr. Asensio's comments "outrageous and inappropriate." NASD officials deny that there is any connection between Mr. Asensio's allegations against the Amex and their case involving his short-selling activities. "The violations in this case are based entirely on the conduct of Mr. Asensio and his firm, and there's no basis whatsoever for a claim of retaliation," says Barry Goldsmith, executive vice present of enforcement for NASD Regulation. In the past year or so, a series of lawsuits by some of his "short" targets have taken a toll on Mr. Asensio's business activities. In recent months, he has been forced to scale back on his short selling to devote more time to legal problems. -- Robert McGough and Dorothea Degen contributed to this article. Write to Charles Gasparino at charles.gasparino@wsj.com