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To: Green Receipt who wrote (3911)12/23/1998 9:29:00 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 32883
 
Have you seen this? I just came accross it a few min ago.

cert.org



To: Green Receipt who wrote (3911)12/24/1998 11:43:00 AM
From: Jeffrey S. Mitchell  Respond to of 32883
 



To: Green Receipt who wrote (3911)12/24/1998 11:43:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 32883
 
the whole lawsuit issue is still a bit perplexing to me (with the internet).... The idea that I write something on a BBS somewhere, and someone somewhere else sues me because they acted on it in good faith and lost. (what if I originally said it in jest?) What law prevails? is it based on where I am when I type the message? or where the server is located? or what?

The neat thing about SI is that we individually and as a group are actually playing a major role in shaping cyber laws with every post we make. Speaking as someone who has been around SI for two years, I don't feel like the members have changed, it's more like more of the general readership is taking things said here more seriously and not shrugging as much off as they used to. I guess it's people just accepting that, like it or not, chat boards are here to stay and, for better or worse, can influence the trading of certain stocks.

In our litigious society you can bet that even more lawsuits than ever will be brought against SI members. As for what I consider to be criminal, I'd say it all boils down to "intent to willfully deceive". As to what (slim) case law has already been written on such matters, try this site: aclu.org.

- Jeff