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: stock talk who wrote (8693)	1/10/1998 3:33:00 PM
From: mph	Read Replies (1) of 14577

Hi there, was just lurking this thread and noticed your reference to $250K max as lawsuit expenses. Very doubtful. Assuming you're discussing these stockholder suits, S3 will get high powered outside counsel. This will cost them a fortune because, in these large lawfirms, it takes 2-3 lawyers at very high hourly rates to accomplish the same thing as we not so hoity-toity lawyers can accomplish in half the time. That's because these mega-firms have high overhead and therefore need to bill the hell out of a file to keep afloat. S3 will hire such a firm because the cosmetics and politics of the situation dictates it. Added to lawyer fees are expert fees, which will be just as high. IMHO, S3 would be lucky to hold expenses at $1million. Of course, I've been wrong before. mph

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