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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Jimbo Cobb who wrote (5569)8/30/1998 2:47:00 PM
From: .com  Read Replies (1) of 5812
 
"Has any settlement ever been reached in the shareholders lawsuit against CAWS from a few years ago ??"

No yet.

"I'd say that lawsuit is the best chance long-term shareholders have of ever getting anything back from their CAWS shares."

Yep, you are correct. Another possibility is a favorable ruling from the judge who is reviewing the bankcruptcy. Based on the number of letters sent to him by irate sharholders, some of the obvious mis-management that has occured, and the sweetheart deal management has arranged for themselves, I would think there is a decent chance this may occur.
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