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Technology Stocks : Compaq

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To: beachbum who wrote (59972)4/28/1999 6:07:00 AM
From: rupert1  Read Replies (1) of 97611
 
A footnote to some of the Class Actions suits:

April 28, 1999

Firm Settles
Suit Over
Junk Faxes
----
By Mary Flood

The Wall Street Journal

A Houston company accused of sending out unsolicited "junk" faxes has agreed to settle a lawsuit -- a settlement that could lead to other lawsuits against fax advertisers and their clients and a halt to the sending of unsolicited faxes.........awyers for the plaintiffs also are asking Judge Brown to declare the entire case a class action.............Julius Glickman, a Houston lawyer ........ "If we either go to trial or settle with more companies, this could put a virtual end to junk faxing," Mr. Glickman says.

Steven Zager, an Austin lawyer representing three of the defendants, who is on a committee overseeing the case for the entire group, predicts that the plaintiffs will be unsuccessful in winning class certification and the case will just evaporate.

Still, he sees the settlement, and a recent decision by Judge Brown to allow the Houston case to move forward, as an invitation for other lawyers to file similar suits.

"Here, creative, intelligent people motivated by profit" will seek to "make a serious buck" through such lawsuits, says Mr. Zager, who represents Houston-based Compaq Computer Corp.; GTE Mobilnet of Houston Inc., a unit of Irving-based GTE Corp.; and Domino's Pizza Inc. of Ann Arbor, Mich., in the
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