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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Dan B. who wrote (1498)	3/13/2003 5:31:31 PM
From: StockDung	Read Replies (1) \| Respond to of 1658

Text of July 2002 Wired magazine article on George Gilder : wired.com

To: Dan B. who wrote (1498)	6/7/2003 5:19:05 AM
From: GOPbabe	Read Replies (3) \| Respond to of 1658

NASD bars online stock short-seller for fraud Reuters, 05.19.03, 2:01 PM ET eLibrary @ Forbes.com more > Research topics related to this story in the eLibrary news and magazine archives. Law Enforcement Federal Regulations Industrial Components Legislation NEW YORK, May 19 (Reuters) - A U.S. market regulators on Monday said it barred for life online stock short-seller Amr "Tony" Elgindy and expelled his firm from the securities industry for an alleged scheme to manipulate the price of Saf T Lok Inc. <LOCK.PK>. Elgindy could not be reached for comment. Elgindy and his firm, Key West Securities, in 1997 inflated the stock price of handgun safety device manufacturer Saf T Lok by entering fraudulent quotations in the Nasdaq system and then sold the stock short at the artificially high prices, the National Association of Securities Dealers' National Adjudicatory Council charged in a statement. The charges come on top of the arrest last May of Elgindy, two associates and two FBI agents on charges of racketeering and securities fraud. Elgindy and Key West, who were jointly fined $51,000 on Monday, then sent out negative research on the company, pushing down Saf T Lok shares. Elgindy is barred for life from the industry while Key West is permanently expelled from the brokerage business. Following the May arrests, one of the FBI agents admitted to most of the accusations against him, including allegations that he dug up information about companies in regulatory or criminal trouble in FBI databases and passed it on to Elgindy. Last year, Elgindy owned and operated Pacific Equity Investigations, as well as www.InsideTruth.com, a public investment Web site, and www.AnthonyPacific.com, a subscription e-mail newsletter and subscription-based investment Web site. Elgindy encouraged his Web site subscribers to short stocks as well, thus pushing down share prices so he and the others could maximize short-selling profits. An investor makes money from short-selling by borrowing a stock and selling it at a higher price and then repurchasing it at a lower price. Copyright 2003, Reuters News Service