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


To: Anthony@Pacific who wrote (66536)1/31/2001 7:12:59 PM
From: StockDung  Read Replies (1) | Respond to of 122088
 
US Indicts Eleven Reputed Members of Colombo Crime Family


New York, Jan. 31 (Bloomberg) -- Eleven reputed members of New York's Colombo organized crime family, including the man authorities say is the acting boss, Alphonse Persico, were indicted Wednesday on federal racketeering charges.

Federal authorities in Brooklyn accused the defendants of a variety of criminal acts, including loansharking, money laundering, gambling, drug dealing, securities fraud and extortion.

Persico, the son of jailed former Colombo boss Carmine Persico, served as a captain and acting boss of the crime family from 1993 to 2000, federal authorities say. Last February, he was sentenced to an 18-month prison term on weapons charges.

``Today's arrests come at a time when the Colombo family was attempting to reunify and rebuild in the aftermath of the intra- family war, and in anticipation of (Alphonse Persico's) release from prison,'' said Barry W. Mawn, the assistant director in charge of the New York office of the Federal Bureau of Investigation.

The Colombo family has been battered by a series of prosecutions and a vicious war within its ranks in the early 1990s, authorities say.

Alphonse Persico was convicted in 1986 of federal racketeering charges with his father. Carmine Persico got a 39- year sentence.

Alphonse Persico was released in 1993. A year later, he was acquitted of racketeering and murder charges stemming from a string of slayings from 1991 to 1993 that have been attributed to a war for control of the family.

Also charged Wednesday was John J. DeRoss, a reputed captain and underboss in the Colombo family.

The securities fraud charges stem from the sale of securities at Global Strategies Group Inc., Amerivet Dymally Securities, and First National Equity Corp., authorities said.

Jan/31/2001 18:38 ET

For more stories from Bloomberg News, click here.

(C) Copyright 2001 Bloomberg L.P.



To: Anthony@Pacific who wrote (66536)2/1/2001 9:24:25 AM
From: Tassi  Respond to of 122088
 
IRSN...
Tony,
You may be hitting on future BIG star with this one..
this could be the next Router star ,,,Good job

=DJ Irvine Sensors Up -2: Validates Internet-Router Tech -Co

--------------------------------------------------------------------------------
=DJ Irvine Sensors Up -2: Validates Internet-Router Tech -Co

26 Jan 16:25


By Kathy Chu
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Irvine Sensors Corp. (IRSN) spiked 30% Friday, a move
that the company and a trader attributed to prominent board appointees.

Earlier Friday, Irvine Sensors' unit, iNetworks Corp., named William Perry, a
former U.S. Defense secretary, and John Deutch, a former deputy secretary of
Defense and director of the Central Intelligence Agency, to the board of
directors.

Deutch and Perry comprise the two independent directors on a board with seven
total members.

These appointments "validate the credibility" of iNetwork's efforts to
develop an Internet router to compete with giants such as Juniper Networks Inc.

(JNPR) and Cisco Systems Inc. (CSCO), according to Irvine Sensors' Chief
Financial Officer John Stuart.

The router - if it comes to market within the next few years as the company
expects - would be the first to combine cryogenics, stacking and
superconducting-electronics technology, said Stuart.

"It's a horse race that a lot of people are in, but we'd be the first to do
it this way," said Stuart, adding that the company hopes to "leapfrog Juniper
and Cisco" by producing the next-generation Internet router.

Another Friday press release, that Irvine's RedHawk Vision Inc. unit would be
releasing a Windows version of its VideoPics professional software, for
creating high-resolution photographs from videos, may also be giving the stock
a boost Friday.

Hundreds of postings on Internet chat boards lauded the appointments and the
product release as good news for an up-and-coming company.

Shares of Irvine Sensors Corp. (IRSN) gained 63 cents, or 30.3%, at $2.69 on
more than eight times the average daily Nasdaq SmallCap volume of 304,700
shares.

-Kathy Chu; Dow Jones Newswires; 201-938-5388

(END) DOW JONES NEWS 01-26-01
04:25 PM



To: Anthony@Pacific who wrote (66536)2/5/2001 10:04:17 AM
From: Joe Lyddon  Read Replies (1) | Respond to of 122088
 
IRSN - buying more on this dip? <eom>