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To: david travis who wrote (2896)	2/9/1999 3:58:00 PM
From: LIQPLMBER	Respond to of 3383

SORRY TRAV, I THOUGHT HE WAS DONE CLEANING UP HIS MESS Didnt mean to disturb him What an ungodly site that must be LIQUID

To: david travis who wrote (2896)	2/10/1999 8:39:00 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 3383

'Smatter old man? Inventory starting to wreak? Brennan want his money back? Tides going out on your BOS deals isn't it?

To: david travis who wrote (2896)	3/23/1999 3:27:00 PM
From: StockDung	Respond to of 3383

Hey Trav? Why so quite all of a sudden. ; Pennsylvania Securities Expert Urges U.S. Senate to Help CurbInternet Stock Fraud WASHINGTON, March 23 /PRNewswire/ -- Citing a growing record of fraudulent use of the Internet to bilk investors dating back to 1995, the corporate finance chief of the Pennsylvania Securities Commission today urged a U.S. Senate standing committee to take action to protect investors by using the World Wide Web, itself, to disseminate needed consumer information. "One of the most important actions which can be taken now to help protect investors from securities fraud on the Internet is making the information maintained in the Central Registration Depository (CRD), operated by the National Association of Securities Dealers, accessible to public investors via a Web site," said G. Philip Rutledge, deputy chief counsel of the Pennsylvania Securities Commission (PSC). Testifying before the Permanent Subcommittee on Investigations of the U.S. Senate's Governmental Affairs Committee, Rutledge said, "Investor protection would be well-served if investors had this information available to them at the click of a mouse while they are surfing the 'Net. The best way to counteract a fraudulent investment scam on the Internet is to provide a quick and easy way for an investor to perform a baseline check with CRD of the company or individual promoting the stock or investment." Rutledge, a fellow of the Society of Advanced Legal Studies of the University of London, noted that the Pennsylvania Securities Commission investigated its first three cases of securities fraud using the Internet in 1995 and already World Wide Web is the source of some 20 percent of the commission's enforcement caseload. The first cases, the securities lawyer said, involved solicitations for purported coconut groves in Costa Rica, non-existent offshore "hard currency" bonds and an allegedly patented therapy to treat AIDS. More recent cases involve "pure contract trusts" claiming to pay 70 percent interest, purported investments in electric utility licenses and "secured" notes advertised as paying 30 percent interest. "We also have obtained state court injunctions against entities using the Internet to solicit investments in an offshore virtual casino and in an organization promising investors a 100 percent return through offshore transactions and investments in diamond fields, oil wells and gold mines." Rutledge told the Senate subcommittee that the effort to combat securities fraud on the Internet would be aided by regulatory and statutory changes. A new Pennsylvania law, for example, automatically treats violations of PSC enforcement orders as civil contempt, with penalties of up to $10,000 per violation. Additional legal, investigative and information technology resources also will help, as will enhanced investor education and cooperation among various regulatory bodies, Rutledge said. SOURCE Pennsylvania Securities Commission CO: Pennsylvania Securities Commission ST: Pennsylvania IN: FIN MLM SU: 03/23/99 12:00 EST prnewswire.com