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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (13461)2/19/2000 3:45:00 PM
From: Sigmund  Read Replies (2) | Respond to of 14266
 
<<<I also believe that if the stock goes up and no one has a loss, you can't sue.<<<

Probably not correct. I am not an attorney but unfortunately I have been involved in many of these suits due to doing business with certain small cap brokerage firms. Some of the settlements were a nice surprise.

It is I believe the period of time that counts. Some period of time will be established (probably the period ends today) and anyone who buys or sells before or after that period will not be impacted. I.e. I believe you can sell your shares after that period is established and still be covered by the suit. So I doubt that price moving up means anything re damages but it could influence the court or jury.

Do you suppose that S&P will be included in the suit? It was their decision to incorporate THQI into their S&P600 index that played a role in the run-up.

Some say all publicity is good even bad publicity. So this must be a good thing right?

In the future, Farrell, if he holds an influential job anywhere in industry, may find it preferable to deal straight with all rather than playing the games that he does. More straightforward dealings with analysts and shareholders would have eliminated the possibility of such a lawsuit.