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To: biostruggle who wrote (114495)	2/26/2002 1:14:25 PM
From: Keith Feral	Read Replies (1) \| Respond to of 152472

500 meters to 4 km? BFD, fixed wireless should give you enough room to walk past your mail box. No one wanted most of Vesper's licences because they were in many of the backwater areas of Brazil. I bet it takes some of the people in these areas 5 minutes to drive to their mail box. The operators in India went ballistic over the same issues. They did not want WLL to have limited mobility since it encroached on the mobile, wireless services. They settled on restricting WLL subs in India from making international phone calls. You know that CDMA WLL is beginning to stir the soup. I would like to hear more "accusations" from other operators about WLL.

To: biostruggle who wrote (114495)	2/26/2002 2:19:33 PM
From: S100	Read Replies (1) \| Respond to of 152472

The new weasel on Wall Street 2002-02-26 The "Short & Distorts" are kissing cousins to the "Pump & Dumpers" by Rick Wayman, CFA There's a new weasel on the Street called the "Short and Distort," and its methodology is to make money by manipulating stocks and duping unsuspecting investors. The Short and Distorts have been in hibernation, but have re-emerged to take advantage of the current bear market. However, investors can protect themselves by following a few basic rules that will help them evaluate the swarm of data that flows their way-an unfortunate downside to the power of the Information Age-and by knowing a few key Internet addresses of independent and law-enforcement resources. This will be useful now and in the future, as each market swing gives birth to a new weasel that preys upon uninformed investors. During the 1990s, the bull market created many opportunities for the "Pump and Dump," whereby the bad guys bought penny stocks, talked them up, and then sold their entire positions to suckers who fell for the hype. The Internet gave these hucksters the ability to reach more people, and the media even gave them an extra 15 minuets of fame. In a bear market, it's harder to buck the overall trend and promote a stock. Conversely, however, it is relatively easy to short a stock and talk it down. Shorting a stock involves agreeing to sell share you do not yet own at a fixed price, with the intent of buying the stock at a lower price in the future. The gamble here is that the stock will be cheaper when you are committed to selling it than it is when you set the sell price; if the stock rises, you have to pay more than you're selling it for. Shorting is an acceptable, if risky, way to trade, but the "Short and Distorts" are dishonest because they manipulating the market by spreading false information. The Short and Distorts will target a stock, take a short position, then initiate a smear campaign (often feeding on the overall market gloom of a bear market). After the targeted stock tanks, the Short and Distorts cover their short positions and bank the profits. Think of it as an upside-down "Pump and Dump:" the "Pumpers" buy the stock cheap (take a long position), talk the stock up, then sell high. The Short and Distorts take a short position, badmouth the stock till it falls, and then sell low. The really sad thing about this is that it often targets good smaller stocks that are finally making some headway, but which are too small to adequately defend themselves. Most small and micro-cap stocks are ignored by the Street, and do not receive any research coverage. This makes them prime targets, because they do not have an "independent" voice to provide information that counters the misinformation. Because investors tend to discount anything a company says about itself, it is hard for a targeted company to mount a defense on their own. The Short and Distorts, on the other hand, employ many methods to spread their misinformation, including mass email, message boards, reports from so-called experts, and chat rooms. One Web site to visit for examples of this type of stock manipulation is www.nasdr.com. This site is run by a subsidiary of the National Association of Securities Dealers (NASD), NASD Regulation, Inc. Here are some other direct links that are educational: nasdr.com nasdr.com multexinvestor.com