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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Ironyman who wrote (12799)	9/3/1998 10:06:00 PM
From: Cytotekk	Read Replies (1) \| Respond to of 34075

Eric - what makes you think these mouthpieces know anything current? The are just about last in line with any real information, because they talk too much. Buyer Beware!! How original. Usually these pr types look good, have a decent voice, but arent too smart or original. Regards, Colleen.

To: Ironyman who wrote (12799)	9/3/1998 11:04:00 PM
From: CIMA	Read Replies (1) \| Respond to of 34075

Good link off of Raging Bull: Internet message sparks stock slide, new debate By Emily Kaiser, Reuters August 27, 1998 9:23 AM PT <Picture> CHICAGO -- You can't shout "fire" in a crowded theater, but you can write "sell" on an Internet message board. That's the costly lesson that seed company AgriBioTech Inc. (Nasdaq:ABTX) learned this week when its stock fell more than 20 percent after someone posted negative comments about the company on a Yahoo! Inc. (Nasdaq:YHOO) message board. The poster, who was identified only by a screen name, acknowledged at the bottom of the message that the damaging comments made about the company and its top executives were not true, but AgriBioTech said the rumors were enough to cause the stock to drop. While freedom of speech protects the right to express opinions, it does not give people license to incite panic -- like shouting ''fire'' in a crowded theater. Tuesday's comments about AgriBioTech caused the equivalent of a panic in AgriBioTech's stock and led to record trading volume of about 6.3 million shares, said John Francis, a co-founder and director of AgriBioTech. Francis said the company's reputation was damaged by the comments made on the Internet, which the company has said repeatedly are false. "When you have a force like an Internet where people can anonymously come out and say anything they want, that's an issue that is going to have to be dealt with,'' Francis said. ''We live in a free society and we believe in the system. We think the system will ultimately prevail. Will we weather the storm? Yes. Is our credibility damaged? Yes.'' The incident raised questions among investors and analysts about how Internet sites that deal with publicly traded companies are regulated. Users on one AgriBioTech message board called for more U.S. Securities and Exchange Commission oversight of Internet stock pages. "I think this board and others should be a target for the SEC to begin investigations into these lies posted,'' one user wrote on an AgriBioTech stock message board Wednesday. An SEC spokesman said the regulatory agency investigates allegations of fraud committed over the Internet or anywhere else, but would not confirm or deny the existence or nonexistence of any investigation into this incident. The agency offers a free guide on how to avoid investment fraud on the Internet. "It is common to see messages posted on-line urging readers to buy a stock quickly that is poised for rapid growth, or telling you to sell before it goes down,'' the SEC said in its guide on Cyberfraud. "Often the writer claims to have ''inside'' information about an impending development or will claim to use an ''infallible'' combination of economic and stock market data to pick stocks,'' the SEC said. ''In reality, the promoter may be an insider who stands to gain by selling shares after the stock price is pumped up by gullible investors, or a short seller who stands to gain if the price goes down.'' "AgriBioTech trades on Nasdaq, which said it does not confirm or deny investigations. Mike Riley, producer of Yahoo Finance which has thousands of message boards for discussion of publicly traded companies, said users need to make their own judgments on whether to trust information posted on message boards. "They are an unmoderated public forum and in any environment like that you've got to take with a grain of salt what you see there,'' Riley said. ''Yahoo doesn't claim any responsibility for what is posted there, obviously the companies that are discussed don't, and its up to the individual to make a judgment about the veracity of the things that are said.'' Thomas Smedinghoff, a partner at the Chicago law firm of McBride Baker & Coles and an expert on Internet law, said defamation is defamation regardless of the medium, but said Internet offenders often go unpunished because chat room operators can't always determine who posted messages. "The law of defamation applies to me whether I write, or whether I post or whether I say it on television,'' Smedinghoff said. ''The impact is potentially much greater and much quicker (on the Internet) but the law is going to be the same.'' Yahoo 's Riley said the law does not hold liable companies like Yahoo who publish information written by other sources. "We're just the messenger,'' he said. ''There is such a huge volume of activity that we couldn't keep up with it even if we wanted to, and quite frankly we don't want to. We believe in open discussion. The best response to bad information is more discussion.''

To: Ironyman who wrote (12799)	9/4/1998 10:59:00 AM
From: Michel Grenier	Read Replies (1) \| Respond to of 34075

Hi, I read on the Raging Bull thread that the venture with Newmont is almost a done deal. This was posted by multimedia. I would like to believe that this is true, but so far there is not anything to back it up from any source. Meanwhile, the financials are still not there and we are still on the pinks. How hard can it be to produce financial statements? Tired of the pink stuff and of unsubstantiated rumours, waiting and waiting Michel