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To: stock leader who wrote (2204)	5/9/2006 10:13:34 PM
From: sandintoes	Read Replies (1) \| Respond to of 2260

Thanks...<<GG>> Does this sound familiar? Overstock.com gets SEC subpoena SAN FRANCISCO (MarketWatch) -- Overstock.com Inc. said late Tuesday it received a wide-ranging subpoena from the Securities and Exchange Commission, requesting documents related to its accounting policies, communications with analysts and trading of the company's stock. The subpoena also requests information relating to online retailer's complaint against research firm Gradient Analytics Inc., Overstock.com said. The company has sued Gradient and short-selling hedge fund Rocker Partners LP, claiming that they conspired to push down its share price. Drug company Biovail Corp. (BVF : biovail corp com News , chart, profile, more Last: 27.02+0.84+3.21% 8:05pm 05/09/2006 BVF27.02, +0.84, +3.2%) has sued Gradient and other hedge funds, alleging similar wrongdoing. The SEC in late February issued subpoenas to journalists from MarketWatch and Dow Jones Newswires, both of which are published by Dow Jones & Co. (DJ : dow jones & co inc com News , chart, profile, more Last: 37.41-0.28-0.74% 8:07pm 05/09/2006 DJ37.41, -0.28, -0.7%) , seeking information from reporters about possible stock fraud involving Overstock.com. The agency later backed off but reserved the right to question journalists. Rocker Partners and Gradient have denied the claims, which include charges that they colluded with reporters to get misleading information out to the public. Salt Lake City-based Overstock.com (OSTK : overstock com inc del com News , chart, profile, more Last: 25.16+1.17+4.88% 6:40pm 05/09/2006 OSTK25.16, +1.17, +4.9%) said Tuesday it plans to respond to the SEC subpoena in due course. "I may be the first CEO in history to celebrate receiving an SEC subpoena," said Chairman and Chief Executive Patrick Byrne in a statement. Byrne added that he was "gratified to see that the SEC is looking into the issues about which I have been speaking." The CEO said he eagerly anticipated his chance to "get these issues into court." Overstock.com shares rose $1.17, or 4.9%, to close at $25.16 on Tuesday.