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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (2483)	5/15/1999 5:12:00 PM
From: TideGlider	Read Replies (1) \| Respond to of 3795

LOOKS LIKE YOU ACTUALLY BROUGHT DOWN T-BILLS!! Title: BRIEFLY Series: BRIEFLY Summary: BUSINESS WIRE SUES OVER BOGUS RELEASE: Business Wire, a privately held service that distributes more than 1,000 news releases a day, has sued three people for putting a phony announcement out over the wire to publicize a fictitious Internet investment opportunity. Business Wire said it filed the federal suit Monday after Jeffrey Mitchell, William Ulrich and Janice Shell gave the service a fraudulent news release. The announcement, with a Safety Harbor dateline, said a company named WebNode had won an exclusive government contract to raise funds for the development of faster, more powerfulInternet technology. T-BILL RATES FALL: The interest rate on 52-week Treasury bills fell in Tuesday's auction. The discount rate was 4.490 percent,down from 4.495 percent at the last auction on March 30. The bills will carry an equivalent coupon interest rate of 4.727 percent. Sales totaled $10.0-billion out of bids of $30.0-billion. Source: St. Petersburg Times Date:19990428 Price:2.95 Document Size: Document ID:BM19990429010057446 LAWSUITS; LABOR & PERSONNEL ISSUES; ACQUISITIONS, MERGERS & TAKEOVERS; BUSINESS/FINANCE/ECONOMY Copyright Holder:1999, St. Petersburg Times Document Type: Article