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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (3473)	8/12/1998 5:21:00 PM
From: Anaxagoras	Read Replies (1) of 4969

<<Personally, I think its an offbeat issue, not directly involved with trading...>> True, however because a day/position trader is often in and out of so many issues s/he actually runs a good chance of being at the wrong place at the wrong time at some point in their career where a class action suit and its intricacies might be of interest. For example, I had a bunch of calls on Vivus last year right before they announced a production short-fall that surprised everyone and the stock was basically chopped in half before anyone could get out, traders and investors alike. They also should have released the info sooner, etc. The point is, this is a case where traders might have been involved and would be included in the class action period and class. Anyway, I for one would at least access the chat transcript if I couldn't participate in the event itself. It goes without saying that investors per se (as opposed to traders) would also be very interested, and the wider audience might be good for Yamner as well. FWIW, Anaxagoras

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