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Pastimes : $1Bil Nasdaq Market-Makers Antitrust Litigation Award! -- Ignore unavailable to you. Want to Upgrade?

To: Elmer Flugum who wrote (15)	6/23/1999 10:03:00 PM
From: Schrecke	Read Replies (1) \| Respond to of 26

Len, My guess was that it would work out to about a dollar a trade. But my calculation had so many assumptions that it was pure speculation. Brad in an earlier message on this thread suggested the following: >>Since you are only allowed to claim up to 70 transactions on the basic proof of claim and since you will probably not recover more than $100, it may not be worth the effort.<< At roughly a dollar a transaction, if one bought only 100 share lots each transaction, that would be a penny a share. (Obviously the more shares you bought each trade the great the dollar amount but the less per share.) If you are required to file an electronic proof of claim form (more than 70 transactions) and your broker didn't do it for you, the disk to do it yourself costs $15. The FAQ on their web site, suggests you better have more than a few transaction to pay for the $15. nasdaqlitigation.com Q.: If I did not receive a Preprinted Proof of Claim Form because I had more than 105 transactions in Class Securities through my brokerage account, can I obtain a computer diskette reflecting the transaction data you received from brokerage firms for my account? A.: Yes. If computerized data obtained from the sources identified in the Notice exceeds 105 transactions for a particular brokerage account, it is not preprinted. Computerized data from the sources identified in the Notice will be made available electronically for a nominal charge (reflecting shipping, handling and materials) not to exceed $15 per disk, to any Class member requesting electronic data relating to his or her own Social Security Number or Tax Identification Number. Q.: If I lost my Preprinted Proof of Claim Form, can I obtain a computer diskette reflecting the transaction data you received from brokerage firms for my account? A.: Yes. Computerized data from the sources identified in the Notice will be made available electronically for a nominal charge (reflecting shipping, handling and materials) not to exceed $15 per disk, to any Class member requesting electronic data relating to his or her own Social Security Number or Tax Identification Number. Q.: Will I recover more than the $15.00 cost of obtaining a copy of my transaction data on diskette? A.: Unfortunately, we cannot estimate the amount of your recovery at this time. The recovery per share will depend on the number and size of all valid claims we receive, and on the mix of institutional and other claims, none of which is known now. Moreover, the entire Proposed Plan of Distribution is subject to final Court approval. However, in general, claimants with only a small number of trades in Class Securities are advised against purchasing a diskette. So if you had only ten trades, it would not even pay to buy the disk. Another indication that there is not a lot of money here to benifit the individual investor. Heu