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Let's expand on those points:

  1. Sending a mail to everyone in your address book is basically spamming - sending unsolicited email to multiple recipients. That is not (yet) illegal but it is annoying. However, let's assume that you and your friends only have 20 email addresses each. If you forward the email to all of them and they each forward similarly, 400 copies now exist. Once more and that number becomes 8000! In reality, there are very few people with only 20 email addresses and these emails are forwarded for much more than three times.
  2. How can it pre-empt the breaking news? Remember the virus Melissa? It was in the media long before you ever received an email about it and the truth is that you probably never did. The same was true of Nimda and Love Letter. If you look at the original date of the email that you've received, for which you may have to scroll down a long way or look in the headers, it's probably a week old. When was the last time it took any real news that long to become public knowledge?
  3. If any information of this nature is released by or leaked from any huge corporation, the chances are that it'll be mentioned on their website and prominently. If you can't find anything about it within one click of their home page, it probably didn't come from there at all. If you do find anything, it'll almost certainly be a confirmation that it's a hoax and didn't come from them!
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