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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Adrian Wu who wrote (7580)	11/7/1997 8:22:00 PM
From: Tom Terf	Respond to of 14577

Adrain: Good point. What happens when we get up to 8 lawsuits ? Do we multiply the proceeds times 0.7x0.7x0.7x0.7x0.7x0.7x0.7x0.7 Hey, you've right.. that's a pretty small number left for us suffering shareholders.

To: Adrian Wu who wrote (7580)	11/7/1997 8:25:00 PM
From: Leo Francis	Read Replies (3) \| Respond to of 14577

Adrian, Bull----. S3 management has taken the money, and this legal alternative is a way to reclaim some of those losses. I urge all shareholders, past and present, who fall in the various class action periods, to vigorously pursue the class action, by contacting the lead attorneys ASAP. It is in your best interest. And another thing Adrian, ever hear of "Directors' Insurance"? If not, do some DD. Good Litigating! LF

To: Adrian Wu who wrote (7580)	11/7/1997 8:30:00 PM
From: Tom Terf	Respond to of 14577

Well what happens next is that the Federal Judge assigned to the S3 case will consolidate all the suits into a single suit. The lawyers will have to bid (down) their fees. The more lawyers (or vultures) the lower the overall fee percentage. We could see something as low as 20 %. The judge will pick the firm as well on personal favortism. Any firm that pissed him off before is automatically out of the running. The fact that we have now two firms means that they really think they can press out a fast settlement from the Company .. essentially because S3 is admitting the problem... to forestall potentially deeper crimminal action. The real problem for S3 is that insiders sold stock while this accounting mess was going on... so they profited by the "errors." Does anyone have the up to date insider sales ? Someone said before that Gary Johnson sold out in February at 17. What is the actual record ?