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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (29231)7/26/1998 2:49:00 PM
From: TradeOfTheDay  Respond to of 33268
 
No - it was totally a scam ridden situation that actually ended with 2 firms having their doors closed for good. One firm decided to try to corner the market on Data Race shares... had the obligatory short squeeze - and it went awry and blew up in their faces. There was a certain justice for some of those involved . To be completely honest, Drakes sent out the warnings but we weren't listening. It was a hard lesson to learn , but most of us learned from the situation - with a lot of help from Drakes.

and BTW - I don't think there is anyone foolish enough to think that RACE is worth >$20 /share - that will never happen again



To: LTK007 who wrote (29231)7/26/1998 3:21:00 PM
From: Marshall  Read Replies (1) | Respond to of 33268
 
They weren't exactly your normal "customers" - the full documentation of what went on is available at the LA County courthouse for viewing.

The SEC learned valuable lessons from this case since it involved so many stocks.

Let's just let this stock adjust on it's own merits and potential.


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