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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 175.25+1.8%3:27 PM EST

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To: Ian@SI who wrote (3372)11/11/1997 10:40:00 AM
From: Sam Citron  Read Replies (1) of 10921
 
Ian, <off-topic RE: Selective Disclosure>

Thanks much for Corrigan's piece about the Rational suit. Do you have a cite or URL for this piece?

Corrigan states: "A few courtroom victories might be exactly the thing to force managers and investor relations officials to take their disclosure obligations seriously." Unfortunately, however, 95% of shareholder class action suits are settled without a court decision, so we rarely get the full benefits of a binding legal judgment. Nevertheless, as bad as the process is, there are certain prophylactic benefits.

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