RE:dedThanks for posting that. I recall the story well. I first heard of the stock back before we had such instant news via the Web. The stock then was already higher than I wished to pay for an explorer.
I didn't (and don't) like high flyers like that but could not help but follow the story because it was such a hot topic among newsletter writers and at the many real-time investor conferences that were popular in that era. Many of my friends watched the story, too. I never knew anyone who bought it.
Anyway, in watching the price trend down on the rumors of fraud, I was tempted to trade it, and I did, making nineteen percent in three days. To me, that opportunity was clear-cut. I haven't bought-to-trade anything since.