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To: Maurice Winn who wrote (5109)	6/7/1999 5:43:00 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 29987

Hi Maurice, Thanks for the thoughtful and well reasoned reply. I guess having been building contractor for 25 years I have a "hardened" attitude toward the business world. I agree to a large extent with what you say about the American system. There is one feature to life here that I do find inane and destructive however. That is the tendency for people here to fail to assume responsibility for their own follies (my fling with I* comes to mind). And the attempts to place the blame wherever it is convenient. This "I'm a victim" mentality has clogged our court system for years and I'm sure you've read the stories of the huge payments for spilled coffee and injuries due to using a lawnmower as a hedgetrimmer. The title of a book I read a few years ago says it all: "The Death of Common Sense". I'm getting too OT, but let me end the lawyer discussion with this question. How many lawyers does it take to shingle a house? Depends on how thin you slice them...... Ciao, Ry

To: Maurice Winn who wrote (5109)	6/7/1999 5:46:00 PM
From: Mama Bear	Respond to of 29987

"it's almost a duty of shareholders to sue negligent and especially wantonly negligent and especially self-indulgent management. If everyone just accepts it, the next lot of management will do the same. " I used to agree with that sentiment, but after observing a number of suits and participating in one, I must say I think it's just an assembly line process for the law firms that specialize in this sort of case, and have yet to see a case which wasn't settled for pennies on the dollar. Further, the payoff comes from the insurance carrier, and is just regarded as a cost of doing business. Heck, the DNA shareholders got warrants to buy CYOE (DNA's reincarnation) at 9, 10, and 11 as well as a few pennies per share. If any case screamed out for a significant settlement, that was it. But the insurance paid the pennies, and the shareholders got diluted by the warrants. I am so sure that those who got taken to the cleaners wanted the right to buy diluted shares in the same company at above market prices. I intend to donate any proceeds I receive from my participation in the PLSIA suit to the Salvation Army. I'm sure they'll put the $10 I'm expecting to good use. -ng- It is doubtful I will ever participate in one again. It really left a fould taste in my mouth. Barb