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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: GerryMiles who wrote (6336)	4/8/1999 11:44:00 AM
From: Norman Klein	Read Replies (1) \| Respond to of 11417

Bogus Internet Postings. This is a MUST READ!!! It hasn't happened here yet, but be forewarned and prepared. You definitely need to read this story, because it can very easily happen to WAVX and there is sure to be a number of copycats. dailynews.yahoo.com Basically, someone at Yahoo on the Pairgain thread, posted a link to a site which was made up to look like a Bloomberg news release. This news release stated that Pairgain was to be acquired by another company. This caused a significant run-up in Pairgain's price and volume (13 million traded). It was immediately refuted by other posters in the group, but by then the damage had been done. Read the entire story, it is fascinating