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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (145042)	8/8/2002 11:26:36 AM
From: H James Morris	Respond to of 164684

The internet started the new economy era of the false press release. >>The chief executive of EConnect Inc., a San Pedro-based e-commerce firm, was arrested Wednesday and charged with repeated violations of securities laws in an alleged scheme to inflate the company's stock price using false press releases. Thomas S. Hughes, 52, was taken into custody at his Rancho Palos Verdes home and later appeared in federal court in Los Angeles. He was charged with civil and criminal violations stemming from a joint probe by the Securities and Exchange Commission, the U.S. attorney's office and the FBI. Regulators hailed the case as a sign of increased cooperation among securities-law enforcement agencies in Southern California and as an example of the SEC's public vow to prosecute repeat securities law offenders.<< latimes.com