S1: Doing Business in a Dot Com Depression, -V1 Message Board

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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: tuck who wrote (843)	6/1/2000 8:15:00 AM
From: Oeconomicus	Read Replies (3) of 1013

Tuck, if "no preferential dividend" means anything other than "no dividend unless the common gets one", and if "customary adjustments" means anything other than adjustments for splits and the like, then we'll have a whole new set of law suits. But, that won't happen because these terms have very clear, widely understood meanings and no reputable company would misuse them in such a blatantly misleading way. Re patent disputes and billable hours, again you are worrying about nothing. First, S1's success does not depend on winning patent disputes - they have plenty of big customers, many of whom are committed enough to invest huge sums in them. Second, little in the legal world happens over night - that doesn't mean some lawyer's clock is ticking off the dollars. Most of the time is spent waiting - waiting for a response from the other side - waiting for a hearing - waiting for rulings. Finally, re the class action, estimates are estimates and guidance is guidance - neither are guarantees. These "lawyers" don't need facts or even convincing evidence to file these kinds of suits. All they need is a high profile stock that has fallen out of bed. Bob

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