From: Eugene Leitl (eugene.leitl@lrz.uni-muenchen.de)
Date: Sat Aug 26 2000 - 02:42:28 PDT
Is it really that difficult to always digitally sign press releases?
Linda writes:
> [This is incredible. A fake press release (presumably issued by shorts)
> caused this stock to drop 60% within 30 minutes before trading
> was halted. It seems so wrong that the shorts have made a huge profit
> on this. I feel most sorry for those long on Emulex with hard stops.
> Given how quickly this stock plummeted, their stops could very well have
> been filled near the low of the day, only to have the stock gap
> up 40 points once trading resumed.
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