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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (1086)	12/21/2004 4:03:26 PM
From: StockDung	Respond to of 5425

Elgindy Defense Case Winds Down; Documents Introduced 12-21-04 02:39 PM EST NEW YORK (Dow Jones)--Lawyers for short-seller Anthony Elgindy are winding down their presentation to jurors, spending most of Tuesday morning introducing charts and documents relating to companies whose stock Elgindy is accused of manipulating. Elgindy and former Federal Bureau of Investigation special agent Jeffrey Royer are standing trial in U.S. District Court for the Eastern District of New York. They, and three others to be tried separately, are charged with securities fraud, market manipulation and extortion. The government alleges that Elgindy used a private investing Web site to share and trade on confidential information he obtained from Royer. Evidence introduced in the case showed some of the confidential information that made its way onto the Web site mirrored word for word information contained in FBI documents. Elgindy's lawyers over the last few weeks called several Securities and Exchange Commission lawyers and a few FBI agents to testify for the short seller. The lawyers want to show that Elgindy was sharing information about companies he thought were scams with numerous law-enforcement officers and that he gleaned confidential information in the process. Elgindy is expected to rest his defense later Tuesday or Wednesday. Royer is then expected to testify in his own defense. -By Carol S. Remond, Dow Jones Newswires; 201-938-2074 Dow Jones Newswires 12-21-04 1439ET Copyright (C) 2004 Dow Jones & Company, Inc. All Rights Reserved.

To: scion who wrote (1086)	12/21/2004 4:03:50 PM
From: StockDung	Respond to of 5425

Elgindy Defense Case Winds Down; Documents Introduced 12-21-04 02:39 PM EST NEW YORK (Dow Jones)--Lawyers for short-seller Anthony Elgindy are winding down their presentation to jurors, spending most of Tuesday morning introducing charts and documents relating to companies whose stock Elgindy is accused of manipulating. Elgindy and former Federal Bureau of Investigation special agent Jeffrey Royer are standing trial in U.S. District Court for the Eastern District of New York. They, and three others to be tried separately, are charged with securities fraud, market manipulation and extortion. The government alleges that Elgindy used a private investing Web site to share and trade on confidential information he obtained from Royer. Evidence introduced in the case showed some of the confidential information that made its way onto the Web site mirrored word for word information contained in FBI documents. Elgindy's lawyers over the last few weeks called several Securities and Exchange Commission lawyers and a few FBI agents to testify for the short seller. The lawyers want to show that Elgindy was sharing information about companies he thought were scams with numerous law-enforcement officers and that he gleaned confidential information in the process. Elgindy is expected to rest his defense later Tuesday or Wednesday. Royer is then expected to testify in his own defense. -By Carol S. Remond, Dow Jones Newswires; 201-938-2074 Dow Jones Newswires 12-21-04 1439ET Copyright (C) 2004 Dow Jones & Company, Inc. All Rights Reserved.