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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Roger Arquilla who wrote (17161)7/10/1998 1:05:00 PM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
I would caution everyone not to speculate on cryptic posts by people who purport to have non-public information. In this case, it is obvious who this poster wants us to believe GS is, but the person who puts it in print takes the risk of being accused of spreading buyout rumors and acting on non-public information.

The best approach is to let the person who is posting the cryptic messages be more explicit or better yet ignore them completely.

If history repeats itself, we may see a flurry of trial members who might be more explicit.

For your further information, I fund this very interesting quote at the link that follows:

"The Exchange Act contains a provision making it unlawful for any person--alone, with others or through
agents--to manipulate the prices of securities by disseminating false information about a possible rise or fall
of prices. Companies and regulators, however, would face several disadvantages in enforcing the
securities laws against manipulators who use the Internet."

ljextra.com

George D.