Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (1555)	10/13/2003 10:54:39 AM
From: Pluvia	Respond to of 1658

INFO ON TERN LAWSUIT FROM TERN 10Q: On April 13, 2001, plaintiffs filed their first amended consolidated class action complaint. On June 15, 2001, defendants moved to dismiss this new complaint and oral argument on the motion occurred on December 17, 2001. On March 29, 2002, the court denied the defendants’ motion to dismiss. On February 24, 2003, the court certified the plaintiffs’ proposed class. Since then, the parties have completed nearly all discovery from fact witnesses and are now beginning expert witness discovery. In addition, both plaintiffs and defendants have filed summary judgment motions that are scheduled for hearing on September 8, 2003. Defendants’ motion seeks judgment as to plaintiffs’ entire claim. Plaintiffs’ motion seeks a determination that certain of the defendants' class period statements were false. Trial is scheduled to begin on November 4, 2003. REASONS IMO TERN WILL LOSE THIS SUIT AND HAVE HUGE $ SETTLEMENT AGAINST THEM: Message 19174927 Message 19143663