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


To: Anthony@Pacific who wrote (64251)12/7/2000 1:58:57 PM
From: Jane4IceCream  Respond to of 122087
 
"full of rancid bacteria and maggot larvae..."

Kind of like the burrito stand I pass occaisionally in Leucadia off the main drag!!!

Jane



To: Anthony@Pacific who wrote (64251)12/7/2000 2:15:41 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
2TheMart.com Files Action Against LanguageForce, Inc. and Gotoworld.com, Inc.


IRVINE, Calif., Dec. 6 /PRNewswire/ -- 2TheMart.com, Inc. ("2TheMart") (OTC: TMRT) announced today that it filed an action against Gotoworld.com, Inc. ("GTW"); LanguageForce, Inc. ("LF"), parent company of GTW; Ian S. Simpson; and Yuri Mordovskoi for, among other claims, wrongfully terminating its merger with 2TheMart; breach of contract; conversion and unfair business practices. 2TheMart asserts damages against the defendants for in excess of $100,000,000 for their wrongful conduct. Among the assertions in the complaint against the Defendants are the following:

1. Defendant Simpson, acting as purported Chairman and CEO of 2TheMart

following the announcement of the merger, wrongfully fired over 70 of

2TheMart's employees and discontinued 2TheMart's web site operations.

2. Defendants wrongfully converted approximately $100,000 of 2TheMart's

equipment, including computers and office furnishings when Defendants,

at the direction of Defendant Simpson, secretly in the middle of the

night and without consent removed and took the equipment from

2TheMart's offices.

3. Defendants have failed to pay for the operating overhead expenses of

2TheMart as required pursuant to the agreements with 2TheMart

resulting in damages of approximately $100,000.

While 2TheMart pursues its remedies in the action it is currently attempting to restructure its business operations in order to position itself to parlay its web infrastructure into value for its shareholders. No assurances can be made concerning the success of the action against GTW; LF; Simpson and Mordovskoi or the ability of the company to collect on any judgment it may obtain against the defendants. 2TheMart cannot make any assurances that it will be able to achieve any value from its infrastructure.

Certain information and statements included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.

SOURCE 2TheMart.com, Inc.

CO: 2TheMart.com, Inc.; LanguageForce, Inc.; Gotoworld.com, Inc.

ST: California

IN: MLM

SU: LAW

12/06/2000 19:49 EST prnewswire.com



To: Anthony@Pacific who wrote (64251)12/7/2000 5:41:13 PM
From: StockDung  Read Replies (2) | Respond to of 122087
 
shoulda asked TheTruthseeker-->A S K J US $ Up 9 11/16- 13/16 Q Q9 11/16/9 3/4Q 2x6 Equity C N
At 15:59 Vol 536,700 Op 10 3/64 Q Hi 10 1/2 Q Lo 9 3/8 Q ValTrd 5263617

WIRE TIME Most Recent Item from: DJW Received: Dec/07 17:31 Page 1
1) DJN 17:31 *DJ Ask Jeeves Inc. (ASKJ) Resumed Trading
2) DJN 17:24 DJ Ask Jeeves/Estimate/CEO -2: Street Sees 4Q Loss 33c/Shr
3) DJN 16:52 *DJ Ask Jeeves Cites Weaker-Than-Expected Demand For Svc
4) BN 16:51 *TRADING HALTED: ASKJ (NASDAQ)-NEWS DISSEMINATION :ASKJ US
5) DJN 16:51 *DJ Ask Jeeves Still Sees Profitable Ops In 4Q Of 2001
6) DJN 16:50 *DJ Ask Jeeves Inc. (ASKJ) Halt: Dissem. Last 9.69
7) DJN 16:50 *DJ Ask Jeeves Can't Confirm Prior Rev, Op Guidance For 2001
8) DJN 16:49 *DJ Ask Jeeves Reviewing 2001 Growth Targets >ASKJ
9) BN 16:49 *ASK JEEVES SAYS WRUBEL TO FOCUS ON FUTURE PRODUCT DEVELOPMENT
10) DJN 16:48 *DJ Ask Jeeves Names A. George Battle Interim CEO >ASKJ
11) BN 16:48 *ASK JEEVES REVIEWING 2001 GROWTH TARGETS :ASKJ US
12) DJN 16:48 *DJ Ask Jeeves' Rob Wrubel Resigning From Board >ASKJ
13) DJN 16:47 *DJ Ask Jeeves' Rob Wrubel Stepping Down As CEO >ASKJ
14) BN 16:47 *ASK JEEVES CITES `BROAD-BASED ECONOMIC SLOWDOWN' :ASKJ US
15) BN 16:47 *ASK JEEVES SEES 4Q LOSS CONT OPS EX-ITEMS ABOUT $18M :ASKJ US
16) BN 16:47 *ASK JEEVES SEES 4Q LOSS CONT OPS EX-ITEMS OF 50C-SHR :ASKJ US
17) DJN 16:46 *DJ Ask Jeeves Sees 4Q Revenue Of $25M >ASKJ
18) BN 16:46 *ASK JEEVES SEES 4TH-QTR REVENUE OF ABOUT $25 MLN :ASKJ US
19) DJN 16:46 +DJ Ask Jeeves Sees 4Q Pro Forma Loss Cont Ops Of 50c/Share
20) BN 16:46 *ASK JEEVES NAMES A. GEORGE BATTLE INTERIM CEO :ASKJ US



To: Anthony@Pacific who wrote (64251)12/7/2000 9:32:27 PM
From: StockDung  Respond to of 122087
 
Mistrial Declared in Stock Fraud

.c The Associated Press


NEW YORK (AP) - The Brooklyn federal court trial of an accountant charged in a $100 million stock fraud case has ended with a hung jury.

U.S. District Judge John Gleeson declared a mistrial Thursday after nearly two weeks of deliberations. The 12-member jury had sent the judge a note saying it was hopelessly deadlocked.

Gleeson agreed to let prosecutors retry the defendant, Dennis Gaito, in April. ``We fully intend to prosecute (Gaito) on all counts in the indictment,'' said Assistant U.S. Attorney Daniel Alonso.

Gaito's attorney, Ronald Fischetti, said his client was ``not pleased with the result. ... He thought he would be acquitted. But he's ready to go to trial a second time.''

The defendant was an accountant for Stratton Oakmont Inc., a defunct boiler-room brokerage on Long Island which authorities say cheated investors out of at least $100 million during the 1990s.

Prosecutors built their case around the testimony of Stratton founder and admitted swindler Jordon Belfort. In a bid to avoid a 30-year prison term, Belfort pleaded guilty last fall and agreed to testify against Gaito.

Belfort claimed Gaito cooked the firm's books and sought to channel ill-gotten gains into a bogus holding company and overseas bank accounts. The jury heard tapes, secretly recorded by Belfort, in which Gaito could be heard allegedly plotting their schemes.

Fischetti told jurors his client ``never knew the money was stolen.'' He also attacked Belfort and his former partner, Daniel Porush - also a cooperating witness - calling them shameless con men who would go to any extreme to satisfy their greed and avoid prison.

AP-NY-12-07-00 2101EST



To: Anthony@Pacific who wrote (64251)12/7/2000 9:35:32 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
On October 12, 2000, Gateway reported its Q3 2000 financial results. These results were materially false and misleading as defendants failed to write down Gateway's impaired assets in order to inflate Gateway's financial results. Thereafter, defendants issued a series of false and misleading statements concerning the Company's business and its prospects for Q4 2000. Defendants actually knew that Gateway's business was faltering, that its Q3 results were false, and that its Q4 results would show no growth and would devastate Gateway's share price. Despite this actual knowledge, defendants claimed that Gateway would achieve EPS growth of almost 50% in Q4 and even went so far as to claim that Gateway shares were significantly "undervalued." On November 20, 2000, defendants issued a press release over a national newswire service which proclaimed that Gateway would achieve the Q4 results they had assured investors Gateway would easily achieve.

On November 29, 2000, defendants shocked the investing public as defendants' scheme started to unwind. It was then revealed that defendants' bold claims of solid Q3 results and Q4 projections were not as defendants had claimed.

Defendants then admitted that Gateway would not achieve Q4 growth of almost 50% but instead would report potential losses and absolutely no growth at all. Defendants' release also revealed that Gateway would take a $200 million charge for impairment in Q4. In reality, most of this write-down should have been taken in Q3. Defendants' failure to record the write down inflated Gateway's Q3 results.

The market reaction to this news was devastating. In minutes, Gateway lost several billion dollars of market capitalization resulting in losses to thousands of Gateway shareholders, as Gateway's stock price declined from $31 to $19 in two days, on huge volume of 23.3 million shares.

Milberg Weiss Files Class Action Suit Against Gateway, Inc.


SAN DIEGO--(BUSINESS WIRE)--Dec. 7, 2000--Milberg Weiss (http://www.milberg.com/gateway/) today announced that a class action has been commenced in the United States District Court for the Southern District of California on behalf of purchasers of Gateway, Inc. ("Gateway") (NYSE: GTW) common stock during the period between October 13, 2000 and November 29, 2000 (the "Class Period").

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, William Lerach or Darren Robbins of Milberg Weiss at 800/449-4900 or via e-mail at You can join this class action online at milberg.com.

The complaint charges Gateway and certain of its officers and directors with violations of the Securities Exchange Act of 1934 described below.

On October 12, 2000, Gateway reported its Q3 2000 financial results. These results were materially false and misleading as defendants failed to write down Gateway's impaired assets in order to inflate Gateway's financial results. Thereafter, defendants issued a series of false and misleading statements concerning the Company's business and its prospects for Q4 2000. Defendants actually knew that Gateway's business was faltering, that its Q3 results were false, and that its Q4 results would show no growth and would devastate Gateway's share price. Despite this actual knowledge, defendants claimed that Gateway would achieve EPS growth of almost 50% in Q4 and even went so far as to claim that Gateway shares were significantly "undervalued." On November 20, 2000, defendants issued a press release over a national newswire service which proclaimed that Gateway would achieve the Q4 results they had assured investors Gateway would easily achieve.

On November 29, 2000, defendants shocked the investing public as defendants' scheme started to unwind. It was then revealed that defendants' bold claims of solid Q3 results and Q4 projections were not as defendants had claimed.

Defendants then admitted that Gateway would not achieve Q4 growth of almost 50% but instead would report potential losses and absolutely no growth at all. Defendants' release also revealed that Gateway would take a $200 million charge for impairment in Q4. In reality, most of this write-down should have been taken in Q3. Defendants' failure to record the write down inflated Gateway's Q3 results.

The market reaction to this news was devastating. In minutes, Gateway lost several billion dollars of market capitalization resulting in losses to thousands of Gateway shareholders, as Gateway's stock price declined from $31 to $19 in two days, on huge volume of 23.3 million shares.

Plaintiff seeks to recover damages on behalf of all purchasers of Gateway common stock during the Class Period (the "Class"). The plaintiff is represented by Milberg Weiss Bershad Hynes & Lerach LLP, who has expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.

Milberg Weiss has been actively engaged in commercial litigation, emphasizing securities and antitrust class actions, for more than 30 years. The firm has offices in New York, San Diego, San Francisco, Los Angeles and Boca Raton and is active in major litigation pending in federal and state courts throughout the United States. The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm to major positions in complex multi-district or consolidated litigations. Milberg Weiss has taken a lead role in numerous important actions on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total approximately $20 billion.

CONTACT:

Milberg Weiss Bershad Hynes & Lerach LLP

William Lerach, 800/449-4900

wsl@mwbhl.com

TICKERS: NYSE:GTW

KEYWORD: CALIFORNIA

BW0463 DEC 07,2000

17:41 PACIFIC

20:41 EASTERN



To: Anthony@Pacific who wrote (64251)12/7/2000 11:24:51 PM
From: Stockdoctor  Respond to of 122087
 
ANTHONY..HELP us bring the turd NTIQ down to where it belongs in teens..this PIG is gonna get its HEAD chopped soon.

Any thoughts on CFLO which i think is another ISLD but trading in 60s for some reason...thnx bud for your thoughts