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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (56880)	5/26/2000 11:35:00 AM
From: The SPHINX	Respond to of 122087

SONE -- short above 35. News diluted shares @ 34 Complaints charge that S1 and certain of its directors and executive officers violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. During the Class Period, defendants allegedly issued a series of materially false and misleading statements concerning the Company's business, particularly concerning its acquisitions of FICS, Edify, and VerticalOne. Defendants are alleged to have materially misled investors by misrepresenting that the new acquisitions would "complement S1's product strategy," when in fact (1) the soon-to-be-acquired companies had business models incompatible with S1's and would require significant time and expense to integrate; and (2) defendants knew or recklessly disregarded that S1's margins and revenue from software licensing would be negatively impacted by the acquisitions. As a result, shareholders claim, defendants' false and misleading statements artificially inflated the price of the Company's stock to during the Class Period. The day after the truth was finally revealed, the stock dropped more than $17.85, to close at $41.50, less than one-third of the Class Period high of $133.375 per share.

To: Anthony@Pacific who wrote (56880)	5/26/2000 11:44:00 AM
From: The SPHINX	Read Replies (1) \| Respond to of 122087

SONE -- Keller Rohrback L.L.P. Pursues Investigation on Behalf of Shareholders of S1 Corporation SEATTLE, May 19, 2000 (BUSINESS WIRE) -- Keller Rohrback L.L.P. is investigating securities fraud claims against S1 Corporation (Nasdaq: SONE) ("S1" or the "Company") and certain of its officers and directors on behalf of all persons who purchased shares of S1 Corporation common stock between November 2, 1999 and May 2, 2000, inclusive (the "Class Period").