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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?

To: Mark S. who wrote (1139)	10/25/2000 11:46:05 AM
From: Mark S.	Respond to of 1226

Here we go... Wolf Haldenstein Adler Freeman and Herz LLPAnnounces the Commencement of a Securities Case Against CopperMountain Networks, and Certain Directors and Officers 10-23-00 07:27 PM EST \| NEW YORK--(BUSINESS WIRE)--Wolf Haldenstein Adler Freeman & Herz LLP commenced a class action lawsuit in the United States District Court for the Northern District of California, on behalf of purchasers of the securities of Copper Mountain Networks ("Copper Mountain" or the "Company") (NASDAQ:CMTN - news) between April 18, 2000 and October 17, 2000, inclusive. A copy of the complaint filed in this action is available from the Court, or can be viewed on the Wolf Haldenstein website at www.whafh.com. As detailed in the Complaint, defendants issued false and misleading statements concerning Copper Mountain's financial well- being and future prospects. Defendants also issued false statements indicating that the Company's market was growing, when, in fact, it was declining at a rapid pace. On October 17, 2000, after the close of the market, the Company disclosed that its customers were experiencing a serious financial slowdown and were thus unable to obtain the necessary financing to purchase the Company's products. These negative disclosures were in stark contrast to the positive statements issued by the Company during the Class Period. When the true state of Copper Mountain's fiscal condition was disclosed, the market immediately reacted. One day after the truth was revealed, the Company's common stock dropped $17 per share, or 63%, from $26.875 per share to $9.875 per share on a volume of 23 million shares. In just one day, Copper Mountain suffered a market capitalization loss in excess of $867 million. This is in sharp contrast to Copper Mountain's trading price during the Class Period which reached over $125 per share on July 17, 2000 - a Class Period high. If you bought the securities of Copper Mountain securities during the Class Period, you may, no later than December 21, 2000, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation. In order to serve as lead plaintiff, you must meet certain legal requirements. If you wish to discuss this action or have any questions, please contact Wolf Haldenstein Adler Freeman & Herz LLP at 270 Madison Avenue, New York, New York 10016, by telephone at (800) 575-0735 (Fred Taylor Isquith, Esq., Gregory M. Nespole, or Michael Miske via e-mail at classmember@whafh.com, whafh@aol.com, nespole@whafh.com, Gnespole@aol.com, or our website at www.whafh.com. All e-mail correspondence should make reference to Copper Mountain.