S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Ken Muller who wrote (7171)	11/3/1997 7:49:00 PM
From: Ken Muller	of 14577

To All Re: Class Action Law Suit As a result of this acknowledged accounting error on the part of S3, there is a high probability of a class action lawsuit. I have been involved with lots of these actions in the past. I wil pass on my experiences FWIW. This is not to be taken as any type of suggested legal advice!!!! 1. Keep copies of all the stock trading slips. You will be asked to provide proof of losses on the stock transactions. 2. Option losses have not been usually treated as a normal investor loss (too risky I guess). So if you lost money on the options you are probably out of luck. 3. Takes about 2-3 years for the actions to be resolved. The losses are usually compensated with a small % of the overall loss. 4. Lawyers are always paid handsomely. 5. If you want to continue holding on to the stock, you can sell and re-purchase. However, last time I checked with IRS rules, they require a 30 day interval between same stock buy/sell transactions to take tax gains/losses. If this is a consideration, the alternative is to sell the stock and write naked puts. This is not to be taken as any type of suggested legal advice!!!!

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