S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: JerryP who wrote (7892)	11/14/1997 3:51:00 PM
From: Jan A. Van Hummel	Read Replies (1) of 14577

Jerry, Agree. Once we have the results of the audit I hope we will have a better idea of the extent of the problem and how it will affect S3 today, in the near term and the future. If I have checked well there are 6 lawsuits out there by seven (7) "specialist" law firms. Three included all or part of 1996, of which one included Deloitte & Touche. If it turns out that the problem only affected 1997 quarters these firms may have to refile. Also, there is quite a range of which entities and which persons are being sued. It is likely that the court will force a consolidated litigation, if at all it comes to that. While I agree that the suits are a nuisance, they probably won't go away for some time. JMHO Jan

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