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To: Bob Kim who wrote (129637)8/4/2001 11:39:25 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Bob, I was there. Remember? I knew exactly how the game was played and what it took to play it.
The plaintiffs alledged that methods were used to drive stock prices to artifically high levels.
Some investors allegedly were allowed to buy company shares at IPO prices after they had agreed to make additional stock purchases at progressively higher prices, a practise know as "laddering".

Shares in Blue Martini were offered at $20 in their IPO on July 24, 2000, and rose to $57.38 on the first day of trading. They closed yesterday at $1.56!



To: Bob Kim who wrote (129637)8/4/2001 6:51:06 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
it would be my opinion that it could be costly to keep settling cases to avoid civil discovery.

Bob,

What do you mean by civil discovery?