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To: Jane4IceCream who wrote (5269)	1/12/2001 2:54:09 PM
From: Jack Colton	Read Replies (2) \| Respond to of 19633

You buy the company, and I'll go in (since they are just down the street) and tell everyone to take a hike. CLARUS CORPORATION (NASDAQ: CLRS - news) Clarus is accused of improperly included in its public statements about its financial results a receivable that was past due and for which collection was not probable. In addition, the lawsuit says Clarus failed to disclose that 20% of its receivables were owed by a single customer and did not advise investors of the risks the company faced if that customer did not pay its obligation. On October 25, 2000, the company stunned the markets by disclosing an unexpected loss due in large part to the write-off of a $2 million receivable from one of its customers. Its stock price dropped 45%. Investors who purchased Clarus stock between October 20, 1999 and October 25, 2000 may be part of the action. The lead plaintiff motion must be filed no later than December 29, 2001. The complaint was filed November 1 in U.S. District Court for the Northern District of Georgia.