TIP: Click on subject to list as thread! ANSI
echo: atari_st
to: Terry Russell
from: Rodney Rudd of 1:138/245.0
date: 1996-01-08 21:15:47
subject: Re: Dorfman

            On Sunday, January 7th, 1996 - Terry Russell wrote:
 
TR> I don't feel he should have to name his sources. I am sure that many 
 
I see no reason why he couldn't name his sources in the privacy of a
sealed investigation.  The authorities need to check if those people did 
or did not profit from the transactions and whether they had a financial 
tie to Dorfman.  These sources need not be made public.
 
TR> of the sources that give him information with the internal workings 
TR> of their company off the record would be in trouble. Your prediction 
 
Oh, so you're saying he had sources inside the companies that were
trading the stocks based on inside information?  Well, in case you
didn't know, such insider trading is highly illegal in this country.
If Dorfman is involved in an insider trading ring, he is in much more
serious trouble than I think he is.  He could be facing quite a long
prison term if what you suggest is true.
 
TR> is not really a prediction at all but a logical recourse that anyone 
TR> would do. 
 
Yes, I see your point.  If true, he has quite a bit to hide.  So much in 
fact that I suspect he will end up taking the 5th amendment.  I thought
the sources he is currently hiding are just outside stock traders with
self-serving opinions.  But what you're suggesting is corporate insider
trading that is several times more serious.  He can't hide that sort of
criminal conspiracy behind the freedom of the press.
 
 > I also predict that one of the many victims of Dorfman's scam will 
 > turn out to be Atari Corp.
TR>  >
TR> Of course they will if they prove he actually had a "scam" however if 
TR> its not clearly proven then I am sure No one will be considered a 
TR> victim... 
 
That's a little like saying that nobody considers Ron and Nicole to be
victims anymore.  :-)
 
I will point out that I think (personal opinion here) that Dorfman has
something to hide, which will turn out to be a financial paper trail
that will lead from his confederates to his bank account.  He wouldn't
be causing market panics for free.  There'd be no incentive for someone
to ruin their credibility by predicting crazy things.  Somewhere there
is a payment for services rendered.  I suspect that the government
agency that finally brings him down will be the Internal Revenue
Service.
 
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