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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (2722)	7/23/1999 6:02:00 PM
From: BelowTheCrowd	Respond to of 19428

Herb Greenberg noted it a few weeks ago, and it's had a fair amount of coverage on TheStreet.com lately. An interesting footnote to all this is that they very recently sued Surza and Avalon Research, first trying to get a restraining order to prevent them from commenting on the stock, then for defamation. Yet more proof that companies which sue their detractors, usually have something to hide. thestreet.com "Litigation as a form of attacking adverse analysis is not entirely new. [But] I think it's quite rare. The concern a public company has is that you draw more attention to the thesis being expounded," says Karl Groskaufmanis, a securities lawyer and partner at Fried Frank Harris Shriver & Jacobson, which isn't involved in the case. "If what's being issued is purely opinion, my own view is that it's not productive to go suing analysts. The best antidote to a research report you don't like is to perform well and prove them wrong." Lots of other companies should learn this lesson, as should the shills who are constantly shouting for their companies to "sue the shorts." mg