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Emulex Hoax

Shares in Southern California technology company Emulex plunged nearly 60 percent in a matter of hours after a phony press release sent out over the Internet falsely reported that the company was in trouble. The company's stock recovered after the hoax was discovered. But, as Elaine Korry of NPR News reports, the episode demonstrates how vulnerable businesses are to misleading information, in an age of instant mass communication.

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