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

To: tool dude who wrote (83691)	4/2/2003 4:17:50 PM
From: Taki	Respond to of 122087

(COMTEX) B: SEC Investigating McDermott Stock Trading B: SEC Investigating McDermott Stock Trading NEW ORLEANS, Apr 02, 2003 (AP Online via COMTEX) -- McDermott International Inc. says federal regulators are investigating the company for stock trading irregularities last summer. McDermott, which builds power generation boilers and offshore oil and gas platforms and manages federal sites for the government, said the Securities and Exchange Commission told the company it is conducting the investigation. SEC investigators have interviewed the company's staff and requested documents from the New Orleans-based conglomerate relating to unusual trading on Aug. 7, 2002, the company said in a filing this week. McDermott's stock dropped 58 cents to $3.00 in heavy trading that afternoon. The following day, the stock surged to $5.35 on favorable news of a preliminary settlement of asbestos litigation. McDermott's chief executive described the settlement as a "watershed event." because it signaled a conclusion to the litigation. The news was released after the market closed on a Wednesday, making Thursday the first day of trading after the public release of the information. McDermott spokeswoman Gay Mayeux declined to provide the names of employees who have been questioned. An SEC spokesman said the agency does not comment on pending matters. McDermott first mentioned the SEC inquiry and a parallel New York Stock Exchange inquiry in an SEC report filed in November. A stock exchange spokesman declined to comment Tuesday. McDermott's annual report released Monday said the SEC recently notified the company that it has undertaken a "formal order of investigation" in relation to the trading. The company said it was responding to SEC subpoenas. McDermott is incorporated in Panama, but its corporate headquarters are in New Orleans and Houston. The company has no assets in Panama. In afternoon trading Wednesday on the New York Stock Exchange, McDermott shares were up 7 cents at $3.12. Copyright 2003 Associated Press, All rights reserved -0- APO Priority=r APO Category=1310 KEYWORD: NEW ORLEANS SUBJECT CODE: 1310 * end of story *

To: tool dude who wrote (83691)	4/3/2003 10:38:31 AM
From: Fast Eddie	Read Replies (1) \| Respond to of 122087

This is a pretty resilient turd. From Jan. 2002 >> CPCF<---- short 15% @ 5.50 ( junk ) Tony, do you still (dis)like this stock?? Looks toppy now. Thanks, Eddie Message 16959454 Edit; short some at 9.40 for shits & giggles

To: tool dude who wrote (83691)	4/3/2003 5:39:42 PM
From: Taki	Read Replies (2) \| Respond to of 122087

RMEC?If true, then was over due IMO, for SEC investigation. RB board below on fire. ragingbull.lycos.com By: nuffmoney 03 Apr 2003, 05:15 PM EST Msg. 49586 of 49602 DJN: DJ SEC: Ex-Rocky Mountain Energy CEO Manipulated Co Stock (Dow Jones 04/03 17:07:14) DJN: DJ SEC: Ex-Rocky Mountain CEO Issued False Statements>RMEC (Dow Jones 04/03 17:07:38) DJN: *DJ SEC Gets Court Order Halting Rocky Mountain Stock Scam (Dow Jones 04/03 17:08:27) (MORE) Dow Jones Newswires 04-03-03 1708ET