JagFN.com has made a number of dubious claims over the past few months:

July 13, 2006: Johnson & Johnson will make a $35 bid for Bristol Myers Squibb
July 5, 2006: Microsoft will make a bid for RealNetworks
November 10, 2005:  Qualcomm will make a $30 bid for Interdigital
June 23, 2005: Patterson-UTI Energy will make a $12 bid for Grey Wolf

For some people who actually track some of these companies, not only are these rumors unsubstantiated, they are downright asinine.  Searching the Yahoo Financial forums for JagFN alone yields dozens of claims (none of which have been correct since 2002) of takeover bids -- the new owners of JagFN seem to only publish rumors with regard to takeovers.  JagFN used to report these sorts of stories when it was a legitimate news outlet, but over the last two years it seems there is a clear indication that the JagFN "feed" is nothing more than a very small entity attempting to stir up headlines for its own purposes.

DailyTech attempted to contact JagNotes for any comment on the relation between JagNotes and the JagFN feeds, but we did not receive a reply from the company.  The JagNotes front page has the ATI rumor listed, though we were not able to read the full article without paying the company $100, which we declined.