FOR IMMEDIATE RELEASE                                    2000-120

Washington, DC, August 31, 2000

                         Media Advisory

 News Conference to Announce Arrest of Student in Internet Stock
                     Manipulation of Emulex

What:     A news conference to announce civil and criminal
     securities fraud charges brought against a Southern
     California man for publishing a bogus news release
     concerning Emulex Corp.  The defendant allegedly made nearly
     $250,000 when the price of Emulex stock fell dramatically on
     Friday, August 25, 2000.

When:     TODAY, Thursday, August 31, 2000 at 3:00 p.m. EDT

Who: U.S. Attorney Alejandro N. Mayorkas
     FBI Assistant Director in Charge James V. DeSarno
     SEC Pacific Regional Office Director Valerie Caproni

Where:    U.S. Attorney's Office
      U.S. Courthouse, 13th Floor
      312 North Spring Street
      Downtown, Los Angeles, CA

On-site contact:  Thom Mrozek, 213.894.6947

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