AmeriTrade Copes With 'Punkish' Trading, The Internet Analyst News.Business Editors NEW YORK--(BUSINESS WIRE)--June 27, 2000 Ameritrade (Nasdaq-AMTD) tops the list with 21 new documents. A Seattle-based law firm filed a class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax against Internet-based financial services technology provider S1 (Nasdaq:SONE), charging that the company violated federal securities laws. The online brokerage's stock took a tumble in May 2000, as of online trading cooled off, but Randy MacDonald, the company's chief financial officer, said that trading volume in June was returning to "more normalized rates." Terayon (TERM) Communications Systems is facing similar charges. Two law firms have filed lawsuits alleging that Terayon misled investors about its proprietary S-CDMA (Synchronous CDMA) A cable modem technology from Terayon Communication Systems, Santa Clara, CA (www.terayon.com) that provides 10 Mbps transmission in both directions. Certified to the DOCSIS 2.0 specification in 2003, S-CDMA works well in noisy environments. (synchronous code-division multiple access) cable-modem technology. Cyclone Commerce, a supplier of business-to-business exchange infrastructure software; Docutouch, a provider of document management, exchange and security over the Internet; Avantgo, a provider of wireless Internet software and services; Level 8 Systems (Nasdaq:LVEL), a systems integrator; and Motive Communications, a supplier of online customer-care software, will use RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. Security's (Nasdaq:RSAS RSAS RSA Security, Inc. (stock abbreviation, AMEX) RSAS Royal Swedish Academy of Sciences RSAS RAND Strategy Assessment System RSAS Reactor Safety Assessment System ) BSAFE Crypto software. Liberate Technologies (Nasdaq:LBRT LBRT Little Black Rubber Thingy LBRT Low Buck Racing Team ), which makes software that allows Internet access through set-top boxes and "smart" phones, entered into an agreement with NDS Group (Nasdaq:NNDS NNDS Norsk Nettverk for Down Syndrom (Norway) ), which provides technology that makes possible selective access to pay-cable and direct broadcast programming. To find out more about this week's Analyst's Top Picks, read the article in Multex.com's The Internet Analyst(sm), http://www.theinternetanalyst.com/min-tia/individual/000622sections/ toppicks_us.html Companies profiled: Ameritrade (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=amtd S1 (Nasdaq:SONE) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=sone Terayon (TERM) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=term |
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