Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?

To: VIPER85730 who wrote (39852)	4/2/2001 11:08:07 PM
From: TsioKawe	Respond to of 40688

A peek into todays activity... level2chart.com

To: VIPER85730 who wrote (39852)	4/2/2001 11:48:16 PM
From: jim-thompson	Respond to of 40688

Court thought it made a difference in the case below.>> Internet America Receives Adverse Jury Verdict DALLAS, April 2 /PRNewswire/ -- Internet America, Inc. (Nasdaq: GEEK - news) today announced that a Dallas district court jury returned a verdict of potentially approximately $6 million in damages against Internet America, a director and former executive in a lawsuit filed by a former employee claiming fraud in connection with a stock option transaction in 1998. The jury's verdict was not unanimous, and a judgment has not been entered. Internet America's President and Chief Executive Officer, Jack Smith, commented, ``We strongly disagree with any suggestion of responsibility and will now focus our efforts on the legal effect of this verdict. We believe the jury's findings provide ample basis to argue that the court should enter a judgment of no liability. We intend to pursue this course of action to have an appropriate judgment entered.'' Based in Dallas, Internet America is a leading Internet service provider primarily serving the Texas market. Internet America offers businesses and individuals a full range of Internet services, including dedicated high-speed access, dial-up access, DSL and web hosting. Internet America focuses on the speed and quality of its Internet services and its commitment to providing excellent customer care. Additional information on Internet America is available on the Company's web site at www.internetamerica.com. This press release contains forward-looking statements relating to future expectations and results. These statements, specifically including management's beliefs and intentions, are subject to many uncertainties that exist in Internet America's operations and business environment. There can be no assurance that litigation issues will be determined in the Company's favor. Additionally, the Company's plans may change and actual results may differ materially. Further risk factors are described in the detailed cautionary statements included in the Company's most recent SEC filings. SOURCE: Internet America, In