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To: dbmedia who wrote (299)	1/10/2001 7:27:04 PM
From: StockDung	Respond to of 526

Loch Harris Accused by SEC of Impeding Its Fraud Investigation Washington, Jan. 10 (Bloomberg) -- Loch Harris Inc. has been accused by the Securities and Exchange Commission of impeding the agency's fraud investigation into whether the company made false statements. The SEC said today it is seeking a court order to compel the Austin, Texas-based company to produce documents and testimony that the SEC subpoenaed in September about its portable landmine detector and another technology called ``Vacuum Multi-constituent Monitor of Plasma.'' ``We're not getting the cooperation that we require to conduct the investigation,'' said Harold Degenhardt, head of the SEC's Fort Worth, Texas, office. ``This office is not going to sit back and be jerked around.'' Loch Harris officials couldn't be reached for comment. The company said in November that it was cooperating with the investigation yet could face conflict with the SEC because it ``plans to protect the confidentiality of what it considers to be its trade secrets and other proprietary information.'' The SEC said in a Fort Worth federal court filing that company press releases with claims about the technologies' capabilities ``appear to have influenced trading in the company's common stock.'' Loch Harris shares, which traded for as much as $5.95 each on Feb. 8 have fallen 97 percent from that level. The shares fell half a cent to 10 cents today. Loch Harris, which buys companies and technologies it plans to develop as stand-alone businesses, disclosed the SEC investigation in October without giving details. The statement the company issued in November said the investigation was ``not routine.'' The company demonstrated its land mine detector for members of Congress and foreign dignitaries on the grounds of the U.S. Capital in mid-September, according to a company press release. The Vacuum Multi-constituent Monitor of Plasma Technology ``is designed to identify, quantify and map various chemical compounds in a defined environment'' and could be useful ``in a variety of manufacturing processes, the company said. Jan/10/2001 16:56 ET For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P.

To: dbmedia who wrote (299)	1/10/2001 8:29:31 PM
From: StockDung	Respond to of 526

ENFORCEMENT PROCEEDINGS CIVIL ACTION AGAINST LOCH HARRIS INC. On December 18, 2000, the Commission filed an Application for an Order to Show Cause in the United States District Court for the Northern District of Texas against Loch Harris Inc. The Application seeks to have the Court order Loch Harris to produce documents and testimony, pursuant to a subpoena duces tecum issued and served by the Commission in connection with an ongoing Commission investigation. In its Application, the Commission alleges that Loch Harris' failure to comply with the subpoena has impeded the Commission's investigation. According to the Commission's Application, its investigation involves, among other things, whether Loch Harris and others may have made materially false or misleading statements, or omitted material facts, in connection with the offer, purchase or sale of Loch Harris securities. The possibly false and misleading statements concern technologies or devices known as "Eliminate Landmines Forever" (ELF) and Vacuum Multi- constituent Monitor for Plasma (VAMMP). Over the last twelve months, Loch Harris has issued a series of press releases regarding the development, operation, capabilities, testing and production of ELF and VAMMP. Loch Harris claims and press releases regarding these technologies appear to have influenced trading in the common stock of the company. The Commission's Application alleges that the subpoenaed documents and testimony are necessary to a determination as to whether Loch Harris and others have violated or are about to violate provisions of the federal securities laws. [SEC v. Loch Harris Inc., Misc. Action No. 4-00-MC-0046-Y, USDC, NDTX, Fort Worth Division] (LR-16856) sec.gov

To: dbmedia who wrote (299)	1/11/2001 8:01:04 PM
From: Old Stock Collector	Respond to of 526

AMCM @ .50 is worth checking out. Unknown to most hardly anybody talks about AMCM yet the company had a profit last quarter that it released & revenues where up & backlog of orders where up. One insider exercised 800,000 warrants into shares in November @ 75 cents per share. So that gave the company $600,000.00 to work with I would think. Time Warner is said to be a customer of AM Communications. Time Warner is also merging with AOL (I think) so this should make the largest company in the world of its kind. I would think that should benifit AMCM. Other users of AM Communications products are Comcast, Cablevision Systems Corp, Adelphia, Cable One, and many more. Also have major CableTV operator(s) in Europe, through Philips and other European partnerships. Also in Australia, Japan, and Korea.