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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (19647)	1/28/2000 10:13:00 PM
From: Rande Is	Respond to of 57584

OT> I love a TV game show. . . . .can you imagine? On Fox on Friday nights is a show called, "Greed". It is insight into the emotions and decisions that we must make every day. And it is fun to see how often that greed wins out. Suspenseful. Have I already said this? Don't recall. . .sorry if so.

To: DlphcOracl who wrote (19647)	1/29/2000 10:22:00 AM
From: OpusX	Read Replies (1) \| Respond to of 57584

Delph, What leads you to believe that LGTO problems are over? Milberg Weiss Announces That Legato Systems, Inc. Shareholders Can Join Class Action Online PR Newswire - January 29, 2000 09:45 SAN DIEGO, Jan. 29 /PRNewswire/ -- Milberg Weiss today announced that purchasers of Legato Systems, Inc. ("Legato") (Nasdaq: LGTO) common stock during the period between October 21, 1999 and January 19, 2000 (the "Class Period") can join the class action commenced in the United States District Court for the Northern District of California online at milberg.com. On January 20, 2000, Milberg Weiss announced the filing of a class action complaint charging Legato Systems, Inc. and certain of its officers and directors with violations of the federal securities laws by making misrepresentations about Legato's business, earnings growth and financial statements and its ability to continue to achieve profitable growth. In order to inflate the price of Legato's stock, defendants caused the Company to falsely report its results for the third quarter of 1999 and continued to attempt to improperly recognize revenue throughout the Class Period. Defendants sought to profit from Legato's fictional record profits and purported growth and sold over 178,000 shares in just six days for total proceeds of $11.5 million. Then, on January 19, 2000, Legato announced that it would restate its third quarter financial statements and that it would fall desperately short of meeting its forecasted earnings for the fourth quarter 1999. This revelation caused Legato stock to be halted on NASDAQ and ultimately to plummet to $29 per share in after-hours trading, a decline of 63% from its Class Period high of $79-1/4. Plaintiff seeks to recover damages on behalf of all purchasers of Legato common stock during the Class Period (the "Class"'). The plaintiff is represented by several law firms, including Milberg Weiss Bershad Hynes & Lerach LLP, who have expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud. If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from January 20, 2000. If you wish to participate in this class action as a lead plaintiff, you can sign-up online at milberg.com. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, William Lerach or Darren Robbins of Milberg Weiss at 800/449-4900 or via e-mail at wsl@mwbhl.com. Milberg Weiss has been actively engaged in commercial litigation, emphasizing securities and antitrust class actions, for more than 30 years. The firm has offices in New York, San Diego, San Francisco, Los Angeles and Boca Raton and is active in major litigation pending in federal and state courts throughout the United States. The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm to major positions in complex multi-district or consolidated litigations. Milberg Weiss has taken a lead role in numerous important actions on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total approximately $2 billion. SOURCE Milberg Weiss Bershad Hynes & Lerach, LLP /CONTACT: William Lerach of Milberg Weiss Bershad Hynes & Lerach, LLP, 800-449-4900, wsl@mwbhl.com/ Thanks, Robert