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Non-Tech : Secret Squirrels hit!

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To: HandsOn who wrote (7178)	6/21/2001 10:53:13 PM
From: Trumptown	Read Replies (1) of 12872

Certainly a long shot, but should be worth an 'anticipation' run...chart picking up steam. mktnews.nasdaq.com stockcharts.com[m,a]daclyymy[pb50!b200][vc60][iUb14!La12,26,9!Lh14,3!Lw25] With the conversion of NorthPoint's case to Chapter 7, Mr. Lunt said the company will focus on a pending suit against Verizon Communications Inc. (VZ) stemming from the local-phone giant backing out of a plan to acquire a controlling stake in NorthPoint for $800 million after NorthPoint suffered financial setbacks. NorthPoint counsel Doug Sullivan, who is handling the lawsuit, told Dow Jones Newswires Wednesday that "NorthPoint is entitled to significant damages for wrongful termination of the merger. We allege we are entitled to over $1 billion in damages." The suit was filed in San Francisco Superior Court and is still in the discovery stages, he noted. A status conference is scheduled for Aug. 3, when a trial date is expected to be set. ______ Expecting a decent run into August 3rd...then, who knows. SR

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