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Technology Stocks : GTTIF - What's the latest news on Grandetel??
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To: Albert Shilin who wrote (26)10/31/1997 3:24:00 PM
From: Guy  Read Replies (1) of 58
 
RE:"Although the company has to pay about $10 million, the possibility of bankruptcy is gone"

Are you sure, shoudn't we also be worried about the California Shareholders also, as quoted from the article below?

The actions against GrandeTel commenced by a number of individual shareholders in California seeking approximately U.S.$16 million in compensatory damages plus punitive damages and/or treble damages is not part of the class action settlement, and GrandeTel will continue to defend those actions.
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