SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (4157)1/8/1999 12:21:00 PM
From: Peter V  Respond to of 4634
 
Forfetiure laws are usually used against drug dealers and white collar criminals, I don't know if they are ever used against software thieves. They can be quite onerous though, I know of a case where they found an "obscene" magazine in a bookstore and tried to forfeit the entire business. I don't know how it came out, but they argued it would be like Warner Bros. releasing a NC-17 movie, and by local standards in Georgia it was found obscene, and they forfeited the entire studio. Forfeiture laws are often abused, with police targeting suspects just due to the amount of wealth they have. They in fact killed a suspect in Malibu when they awoke him at the crack of dawn by smashing down his door and he came out of his bedroom with a gun. It came out that the evidence to support the search warrant was very thin and eventually found that he had no criminal involvement at all and was targeted due to his wealth. (OK, this is getting off on a tangent, but forfeiture laws can be very detrimental to a business).

In any case, what you ask for is not always what you get. I just don't think AVNT is as good a short as it used to be due to the development of non-tainted products. I'm not saying it's a great company, just that there may be better shorts.



To: Ploni who wrote (4157)1/8/1999 12:49:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 4634
 
"I believe an attorney told us that when he was finally found guilty of bank robbery, he would forfeit not only the money he stole, but everything he had gained by it."

I saw that very situation on an old Perry Mason episode! It was also what Perry said would happen. Of course I suppose it all depends on what you mean by 'stole' and 'gained'. <g>

Barb