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Re: None

Saturday, 05/19/2001 3:45:39 PM

Saturday, May 19, 2001 3:45:39 PM

Post# of 1520
Potential Liabilities of Posters...

http://www.politechbot.com/p-02038.html

..."In the Court's prior order, Judge David Carter determined that internet
message boards are, as a general matter, forums for the expression of
opinion, not fact. " The statements were posted anonymously in the general
cacophony of an internet chat-room which posts around 1,000 messages a week
on GTMI…They were part of an on-going, free-wheeling and highly animated
exchange about GTMI and its turbulent history. Importantly, the postings
are full of hyperbole, invective, short-hand phrases…the posts are written
with a great deal of linguistic informality." Turning to the specific
posts, the court held that "reasonable readers would not take these posts
to be anything more than a disappointed investor who is making sarcastic
cracks about the company. The reasonable reader, looking at the hundreds
and thousands of postings about the company from a wide variety of posters,
would not expect that the defendant was airing anything other than his
personal views of the company and its prospects..."



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