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Technology Stocks : Cymer (CYMI)
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To: Ian@SI who wrote (19413)9/7/1998 10:44:00 AM
From: Alan Gallaspy  Read Replies (2) of 25960
 
Ian,

Regarding your comment Nor does the need for the rule of law and order justify the actions of scumbags like Lerach, IMHO, you are of course correct.

No one in their right mind would propose anarchy over rule of law. It is the legitimate need for such laws, for the cases where shareholders are truly wronged, that provide creatures like Bill Lerach the veneer of cover that they require to feed off of the inherent volatility and changing fortunes of companies such as CYMI. The point of my post is that lawyers are unfairly accused for all sorts of problems, when they merely reflect and take advantage of the greed lurking all around us. I maintain that if we as shareholders and citizens could shut down these strike suits with a minimum of political effort.

Most of the lawyers I know are sensible and upstanding in both their private lives and their business practices. So quit making broad generalizations of a group of people whom you apparently see as little better than common petty criminals. Nothing could be further from the truth. If you want to single out Bill Lerach as an example of a reprehensible parasite, fine. Just do not try to paint the entire profession with the same brush. I find such an attitude surprisingly narrow minded and out of character for someone such as yourself who obviously gives a great deal of thought about just about everything else.

Enough of the off topic lawyer ranting and raving. They are here to stay, for better or worse.
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