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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (7877)	8/9/1998 1:16:00 PM
From: Rodrigo Rocha	Read Replies (2) \| Respond to of 10479

I read the story, and your follow up comment stating that there were other things mentioned in the article. The fact is that nothing in the article states that either Par or Osicom has committed a crime or is under investigation. What is clear is that Barrons is mad at Par for the suit. In the US one must prove malice in order to win. In the UK the writer has to be able to proof the accuracy of his allegations. That is why the case was brought in the UK. What I don't see you mentioning is that the Sunday Standard in London which wrote a similar article in the UK had to apologize because they could not support the allegations with facts. Although the US is a great country, its Press is not anything to be proud of. I must also point out that whoever was leaking info last year concerning the investigation was breaking the law. That does not speak highly of the Manhattan Districts Attorney Office.

To: Mama Bear who wrote (7877)	8/9/1998 5:38:00 PM
From: Bryon Bothun	Read Replies (1) \| Respond to of 10479

This is what the original Barrons article had to say about one of the people who entered a guilty plea: Witz describes O'Carroll as a professional commodities trader who at one time was the largest commodities broker operating out of Switzerland and the Middle East, with clients like the French government. A very wealthy individual, Witz adds, with an art collection, a chauffeur, homes in London and Geneva, and investments around the world. For a big-time commodities man, some of O'Carroll's investments were pretty junky, judging from the O'Carroll account statements introduced as evidence in the class-action suits against Scorpion. Besides dealing in Scorpion stock, O'Carroll was trading shares of Saratoga Brands, Luxcel and Las Vegas Entertainment Network. The latter two stocks were underwritten by another of FRM's brokers, Westfield Financial, a now-defunct firm run by Salvatore Mazzeo, previously described by Barron's as a ringleader in stock promotions that involved associates of the Gambino and Genovese crime families (Barron's, March 21, 1988). Trading tickets show that the other side of O'Carroll's sales were often taken by Mazzeo, at Westfield, or by Mike Zaman, the indicted Colorado broker. The SEC suspended Mazzeo from the brokerage business last year, citing abuses of Reg S. And this is what I have to say about that: So a guy that used to be on the board knew a guy whose broker has pleaded guilty of something. Well if that doesn't prove to the longs that Par is a crook.......well...um.... actually.... ah, I guess it doesn't really prove anything now does it. :) Bryon

To: Mama Bear who wrote (7877)	8/9/1998 9:15:00 PM
From: CMS27	Read Replies (2) \| Respond to of 10479

Barb, Who is the author of this article? I found this about William Alpert, who I think is the same as the author of the orginal article: Notice is given that the Securities and Exchange Commission intends to issue orders, pursuant to section 203(h) of the Investment Advisers Act of 1940 ("Advisers Act"), cancelling the registrations of those investment advisers whose names appear below. Please read the release itself for further information. 80145607 ALPERT WILLIAM BALFOUR sec.gov