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To: Henry Volquardsen who wrote (16110)9/7/1998 10:41:00 AM
From: jbIII  Read Replies (1) | Respond to of 20681
 
Roger Clemens, 6/21/89



To: Henry Volquardsen who wrote (16110)9/7/1998 12:22:00 PM
From: jlallen  Read Replies (1) | Respond to of 20681
 
Just a stray thought that occurred to me last night (in my negatively redundant mind). I thought I saw something posted here that indicated that the IR compensation plan was being switched from options to base salary. That raises three questions in my mind.

1. Why would management make such a change now when conservation of capital is SOOOOOO critical?

2. If there really are prospects for bifurcating the company into a FL and Hard Rock Mining company, why make the change now?

3. At this point why do we even have an IR department?

My point is that if the company is to have any chance of survival, capital burn must be cut to the bone while we regroup. All non-essential expenses should be eliminated. I count IR in the group. At very least, the number of IR slots should be reduced. JLA



To: Henry Volquardsen who wrote (16110)9/8/1998 9:34:00 AM
From: Tom Frederick  Read Replies (1) | Respond to of 20681
 
Something of note for all posters

09/04/98- Updated 06:22 PM ET
The Nation's Homepage

Company sues over Yahoo! postings

PORTLAND, Ore. -- An investment firm is suing the people who
posted online messages on a Yahoo! bulletin board accusing managers
of incompetence, even though the firm has no idea whom to sue.

Itex Corp. listed 100 ''John Does'' in its lawsuit filed this week in
Multnomah County Circuit Court.

In May, somebody using the name ''Orangemuscat'' declared on the
Yahoo! online message board that Itex's ''current management is blind,
stupid and incompetent.''

The lawsuit charges the author of the message with defaming the
company and its president, undermining the confidence of Itex's
investors, customers and barter exchange members.

''Orangemuscat,'' ''Investor727,'' ''colojopa'' and other names are listed as defendants ''presently unknown to plaintiffs but whose true identities will be included in amendments hereto when those identities are discovered.''

Donovan Snyder, an Itex lawyer, said it was necessary to sue in order
to find the authors of the message, but he declined further comment.

Itex, a barter exchange brokerage, had engaged in a bitter takeover
struggle with a rival brokerage, and has faced questions from critics
who challenge the way it values its assets. The company previously has
turned to the courts to battle former employees and critics.

Yahoo! disclaims all responsibility for the messages that are posted on its message boards.

''We have no way of knowing who some of the people are,'' said John
Place, Yahoo's general counsel.

Place said Yahoo's policy is to refuse to surrender any user information unless a court orders it to do so. But even under a court order, he said Yahoo! would have a hard time identifying users.

The case is one of many that are pushing courts to define privacy rights on the Internet.

''I would not want to limit people's ability to post information online,'' said Lois Rosenbaum, a partner at the Portland law firm of Stoel Rives. ''But I would like to see some accountability for what they posted.''

Rosenbaum represented Beaverton-based Epitope in a 1993 case
against a man who posted critical remarks about the company on a
public bulletin board on the Prodigy online service. In that case, the
comments turned out to be from a stockbroker with an interest in driving down the price of Epitope's shares.

By The Associated Press