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Technology Stocks : LEGATO SYSTEMS LGTO
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To: gmccon who wrote (662)1/22/2000 10:36:00 AM
From: Edwarda  Read Replies (2) of 1138
 
One thing for sure, Edwarda. Somebody's a crook. Billions of dollars simply don't change hands like this because of an astronomical accounting error.

The naivet‚ of some on this thread is not shared by the thousands of investors who are party to the law suite. Please smell the coffee.

First of all, please use the spell checking function.

Secondly, investors will join a law suit in the hope of getting something, not necessarily because they understand the specifics of a case, accounting, or the law.

Thirdly, not everyone is corporate America is evil and conniving. As Melissa Eisenstadt CIBC Oppenheimer notes, the very words "accounting issues" scare investors who have been burned by real fraud. The natural instinct is to bail first, then look at the situation.

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