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Technology Stocks : Famous SI PIG ZSUN DISCOVERY QUESTIONS THREAD

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To: Scoobah who wrote (75)7/8/1999 8:56:00 PM
From: Bilow  Read Replies (2) of 96
 
Hi H2SteveO; Nice link, that story references a PRST suit in 1997:

Perhaps the only other company suit alleging defamatory Internet messages was filed by Presstek, a printing-equipment maker, in September 1997, he said. That complaint was settled in February 1998.
news.com

But it didn't say how that one turned out. I'm sure a lot of you remember...

The stock was in the 40s back in September of 1997, when PRST sued:
Message 2209457
Message 2209662

The company won the suit, apparently in January 1998, with the stock somewhat cheaper:
Message 3138869
Message 3149152

The lawsuit's results were sealed, anybody know what they were? One poster had a pretty good guess:
Message 3172737

The ticker tells the story of an over-hyped stock, even though they actually had some technology, and were not a complete scam:
quote.yahoo.com
Note above, that the company still issues absolutely massive numbers of pointless press releases, in my opinion...

Does anybody remember exactly what the defendants in the suit posted?

-- Carl
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