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To: Jeffrey S. Mitchell who wrote (24203)	10/26/1999 1:49:00 AM
From: Graystone	Respond to of 26163

Let's talk about storks instead. or Storks bring little babies, did you know that ? Storks are large birds. Storks are entrusted with small infants (gen. 8 -12 lbs) which they then loop in small cloth slings and fly off into the sky. The storks know where to go to deliver the infants. Some storks think the infants belong to them. They try to raise the infants to talk storktalk. It does not work, it is all in the jeans LEVI'S A Proud Sponsor of Other Endeavors Thanks Mr. Mitchell, does this mean Hogger gets court-martialed.

To: Jeffrey S. Mitchell who wrote (24203)	10/26/1999 1:50:00 AM
From: Mark_H	Read Replies (1) \| Respond to of 26163

Did you get to this part: It was properly dismissed for another reason as well. The plaintiffs could not prove injury with the degree of certainty, low that it is, necessary to obtain an award of damages in a securities case. Blue Chip Stamps v. Manor Drug Stores, 421 U.S. 723 (1975); Pelletier v. Stuart-James Co., 863 F.2d 1550, 1557-58 (11th Cir. 1989). (They do not seek any other form of relief.) They bought stock that was selling for many times its actual value, hoping against hope that there were enough foolish investors to push the price up despite the imminence of its certain plunge. It is entirely speculative that but for Scattered's short sell- ing, the plaintiffs would have sold at a profit or at a reduced loss before the price plunged to its value in the reorganization. In this case, if not for the short sells the poor "foolish investors" would have been left holding the bag at a higher price.

To: Jeffrey S. Mitchell who wrote (24203)	10/26/1999 1:50:00 AM
From: wonk	Respond to of 26163

...The plaintiffs analogize Scattered's plan to the scam in the movie The Producers. The "defendants" in that movie sold shares in a play to investors. They sold more than 100 percent of the shares, confident that the play--"Springtime for Hitler"--would be a flop, so that the investors would not ask for their share of the profits (there would be no profits). The play was a success, so the scam was exposed and they were sent to jail.... funphone.com