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.

Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (5894)	4/23/2004 5:04:34 PM
From: StockDung	Respond to of 12465

FLIGHT SAFETY TECHNOLOGIE ... Form: 8-K Filing Date: 4/21/2004 We currently are involved in an informal SEC investigation. We recently learned that the staff of the SEC is conducting an informal investigation that appears to be looking into certain analyst reports about us and our press releases. To date, the SEC staff has not asserted that we have acted improperly or illegally. We have voluntarily agreed to cooperate fully with the staff's informal investigation. We believe that we have acted properly and legally with respect to these analyst reports and our press releases. However, we can neither predict the length, scope, or results of the informal investigation nor its impact, if any, on us or our operations. An adverse outcome, which we cannot predict, could negatively impact the market value of our securities and could divert the efforts and attention of our management team from our ordinary business operations.

To: Mr. Jens Tingleff who wrote (5894)	4/25/2004 12:26:04 PM
From: StockDung	Respond to of 12465

Pump, Dump, Plea Lawyer is squealing A LAWYER INVOLVED in many controversial small stock promotions pleaded guilty last week to the pumping-and-dumping of an Internet stock in 1999. In a Newark, N.J., federal district court, Allen Barry Witz pleaded guilty to conspiring to commit stock fraud. Witz said he schemed with four unnamed associates to inflate the shares of Global Datatel, a company that rose to $379 million in market value on false claims about its Latin American Internet service. Witz is facing five years behind bars. The guilty plea may be good news to the investing public, but it could be bad news for former associates of the 63-year-old lawyer. Witz's defense attorney Lawrence S. Feld and federal prosecutors say that Witz has been cooperating with the prosecutors in an undercover capacity for over three years. In the 1990s, the Beverly Hills lawyer proved expert at structuring penny-stock deals that involved overseas stock placements and mergers into the shells of dormant public companies ("Buyer Beware," Aug. 25, 1997). Such maneuvers can allow stock promoters to hide their trades, and last week Witz told U.S. District Judge Joseph A. Greenaway, Jr. that he had hidden his own control of 3.3 million shares' worth of Global Datatel. False publicity, including claims made by company officials on cable news shows, then helped pump the now defunct Florida firm's share price from $7.25 to $16.84, Witz said. Among Witz's earlier stock promotions was a company now called Classica Group, whose former CEO is battling stock fraud charges brought last year by federal prosecutors in Brooklyn, N.Y., and Osicom Technologies. Shares of Osicom soared from a few dollars to nearly $150 in the bubble market's enthusiasm for networking stocks. But Osicom never made good on its promises to become another Cisco Systems, and Osicom shares ultimately collapsed. Among those dismayed by Witz's cooperation could be his alleged co-conspirators at Global Datatel. At Monday's proceedings, assistant U.S. Attorney Mauro M. Wolfe gave only the initials of the four unindicted co-conspirators. But securities filings by the company make it clear that one of the four is most likely Joe T. Logan, Jr. -- a New Jersey stock promoter who called Barron's in a panic one morning in 1998, saying Russian mobsters were threatening him and accusing him of selling short a company run by Ivana Trump. The next year, two investing associates of Logan's were murdered gangland-style in a Colts Neck, N.J., mansion ("Dead Men Do Talk," Nov. 8, 1999). The murders remain unsolved. Last week, Barron's couldn't reach Logan or his attorney. Witz faces a maximum of five years in prison and $250,000 fine, for his guilty plea. But defense attorney Feld said that he expected prosecutors to recommend a reduced sentence, because of Witz's "significant cooperation." -- Bill Alpert

To: Mr. Jens Tingleff who wrote (5894)	4/26/2004 1:21:34 PM
From: StockDung	Respond to of 12465

JENS, YOU NOTICE MARKET PULSE HAD RATED GDLS "ATTRACTIVE"? LOL IT WAS HALTED TODAY Market Pulse Announces Its AM Hot Stock List for Tuesday, March 30, 2004: NWPO, GDLS, SPSC, QCOM NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse. Market Pulse announces its list of stocks to watch! These stocks are looking to move! Newport International Group, Inc.(NASDAQ-OTCBB:NWPO) (OTC BB: NWPO) is in the telecommunications and web conferencing industry! Newport just had great news out before today's opening bell! Investors should take note as they are undervalued! Other exceptional stocks that look great lately from a fundamental and technical perspective are: Green Dolphin Systems Corp.(NASDAQ-OTCBB:GDLS) (OTC BB: GDLS) : Attractive Spectrum Sciences & Software Holdings Corp.(NASDAQ-OTCBB:SPSC) (OTC BB: SPSC) : Bullish Qualcomm Inc.(NASDAQ-NMS:QCOM) (NASDAQ: QCOM) : Market Outperform After Monday's Bell Market Commentary The Dow scored its second 100-point session in three days as Wall Street regained its composure. The Dow closed at 10,329, up 116 points while Nasdaq jumped 32 points to 1992. The Standard & Poor's 500 Index rose 14.41 points, or 1.30 percent to 1,122.47, more than making up for last week's losses. About Market-Pulse.com Market Pulse is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. Market Pulse is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. Market Pulse's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. Market Pulse provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. Market Pulse offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.market-pulse.com. Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted. MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company. You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Newport International Group, Inc.(NASDAQ-OTCBB:NWPO) compensation from a third party: one hundred forty thousand free trading shares of stock in Newport International Group, Inc.(NASDAQ-OTCBB:NWPO) , already delivered from a third party. To date, MP has sold two thousand shares of stock in Newport International Group, Inc.(NASDAQ-OTCBB:NWPO) for proceeds totaling five thousand five hundred dollars. MP has been compensated fifty thousand dollars by a third party for its profile of Spectrum Sciences & Software Holdings Corp.(NASDAQ-OTCBB:SPSC) MP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Contact: Market Pulse 800.290.8935 info@market-pulse.com

To: Mr. Jens Tingleff who wrote (5894)	4/28/2004 9:30:07 PM
From: dantecristo	Respond to of 12465

Barrett v. Rosenthal in California Supreme Court: S122953 Court of Appeal Case(s): First Appellate District, Division Two A096451 Case Caption: BARRETT v. ROSENTHAL Case Category: Review - Civil Appeal Start Date: 03/01/2004 Case Status: review granted/brief due Issues: Petition for review after the Court of Appeal vacated in part and otherwise affirmed an order granting a special motion to strike. This case includes the following issues: (1) Does the Communications Decency Act (47 U.S.C. ? 230) confer absolute immunity on an Internet "provider" or "user" who republishes statements made by third parties, or can liability still be imposed under traditional common law principles where the provider or user knows or has reason to know of the defamatory character of a statement it republished on the Internet? (2) What is the meaning of the term "user" under the Act? (3) For purposes of the issue presented by this case, does it matter whether the "user" engaged in active or passive conduct? ACLU's press release: aclunc.org Orrick Herrington & Sutcliffe and the ACLU: orrick.com