WCOM Message Board - Msg: 17692958

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Technology Stocks : WCOM

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To: waldemar cyranski who wrote (11137)	7/3/2002 7:27:56 PM
From: Yani Strei	Read Replies (4) of 11568

"Amongst all the wise and learned posters to this thread, would someone please suggest a course of action that I may take? I know from previous experiences that the "class action" filings can go on for years, generate tons of paper work and only the attorneys get publicity and make money. Therefore that action is meaningless!" I am not responding to your question but rather would like to pose similar questions. If you join a class action suit against WCOM, doesn't it mean that you are suing yourself if you are still currently holding the WCOM shares (it therefore puts yourself in a worse position since the stock price would go down further)? Shouldn't the civil or/and criminal suits be directed towards the executives who are responsible for what happened to the company? I joined a class action against Tandon along time ago - what I got were discount certificates to buy their products while the lawyers got the real money and the shares I held became worthless. So I have given up filing class action suit forms (which I received quite a lot in the last two years). Since I am a current WCOM stockholder, do you think it's a good thing not to join the class action suit? Thanks.

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