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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (2366)6/15/2000 3:17:00 PM
From: JBruin  Respond to of 2702
 
Mark,

<<Let's hope this reflects the lack of value these people have been able to find in the law suit.>>

I suspect the number of people that join the law suit will be inversely proportional to the number of positive announcements VARL makes. We are currently in the "red" with respect to said announcements, however with the Annual Mtg. coming up I would hope that will change.



To: Mark Oliver who wrote (2366)6/15/2000 3:42:00 PM
From: J Stone  Read Replies (2) | Respond to of 2702
 
Mark,

How about sending back the following:

Dear Mr. Finkelstein:

On what grounds are you considering filing a suit against Vari-L? Having read all the filings related to Vari-L's need to amend past earnings statements, I have seen nothing that indicates that the amendments will be material or even unfavorable.

Based upon the stock's performance over the past few days, it would seem the price is reacting more to the actions of self-promoting lawyers, possibly such as yourself, rather than any news on the company. Isn't it interesting that the stock was around $17/share prior to Vari-L's announcement regarding the need to amend past financial statements and that it had recovered to $15/share before such noble law firms as Berman, DeValerio & Pease LLP, Schiffrin & Barroway, LLP, and Milberg Weiss filed suits on my behalf sending the stock down below $11/share. It would seem that these well intentioned lawyers have caused me to lose over 25% of my investment in Vari-L over the past week. Please tell me how your firm is so different and how I will benefit by having you represent me.

I believe the SEC has been looking into law firms filing lawsuits (dare I even use the word "frivilous") which clearly will not benefit any shareholders but simply line the pockets of their so-called legal representatives who lick their lips in anticipation of an insurance company settlement which is less expensive than letting the matter reach the courtroom. Don't you think Vari-L may be a perfect case for the SEC to examine?

Thank you for contacting me and please let me know how your efforts are progressing.



To: Mark Oliver who wrote (2366)6/15/2000 3:45:00 PM
From: JakeStraw  Respond to of 2702
 
Mark, These ambulance chasers are looking for plantiffs'. They can't start their meters or dream of a nice settlement w/o them! They only have their best interest ($) in mind not disgruntled shareholders!!