SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (4491)1/30/1999 11:16:00 PM
From: SDNA  Read Replies (1) of 4509
 
That's what I had in mind when I was reading this letter.

I watched a report almost a couple of years ago on how some lawyers live on those suits, they basically hawk news of pre-announcements of bad earnings, or any other significant bad news to go after a company.

I hope everyone knows that those lawyers end up making much more money than any shareholder.

Add to that the fact that the company will be forced to spend a lot of money fighting off those suits, further depleting their resources, and hurting the bottom line, and those suites (in most cases) are bad news to shareholders, especially the ones still holding the stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext