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: Adrian Wu who wrote (7580)	11/7/1997 8:30:00 PM
From: Tom Terf	of 14577

Well what happens next is that the Federal Judge assigned to the S3 case will consolidate all the suits into a single suit. The lawyers will have to bid (down) their fees. The more lawyers (or vultures) the lower the overall fee percentage. We could see something as low as 20 %. The judge will pick the firm as well on personal favortism. Any firm that pissed him off before is automatically out of the running. The fact that we have now two firms means that they really think they can press out a fast settlement from the Company .. essentially because S3 is admitting the problem... to forestall potentially deeper crimminal action. The real problem for S3 is that insiders sold stock while this accounting mess was going on... so they profited by the "errors." Does anyone have the up to date insider sales ? Someone said before that Gary Johnson sold out in February at 17. What is the actual record ?

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