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Technology Stocks : WDC/Sandisk Corporation
WDC 181.27+0.9%1:36 PM EST

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To: Derek C. who wrote (1546)11/13/1997 3:45:00 PM
From: Neil Kalton  Read Replies (2) of 60323
 
Derek,
This is a standard proviso pursuant to Sec. 21E of the "Private Securities Litigation Reform Act". By including this IOM is merely protecting its forward-looking statements from potential future litigation should their projections not come to pass. By pointing out every single negative contingency concerning Clik!, IOM is saying "Hey, if you invest in our company based on these forward-looking statements and our projections don't pan out, you can't sue us because you were warned of all possible risks.

Side note: Michael, not that this is relevant, but I don't think this proviso has anything to do with a prospectus. If it does, then please let me know because I'm currently taking an M&A class this semester and would appreciate knowing if I'm wrong (finals panic is starting to set in).

-nk
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