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

To: Phil Fischer who wrote (7900)	11/14/1997 4:25:00 PM
From: Jan A. Van Hummel	Read Replies (1) \| Respond to of 14577

Phil, We will not tar and feather you. Good information. It also shows what is wrong with the process. First, the court has to certify the class action. I assume the court will determine which suit has the most "merit" and then either have a few of the firms consolidate their suit or just pick the one with the most "merit." By that I mean the suit that best matches the time period during which the infractions occurred. Second, we as shareholders HAVE NO SAY AT ALL in this process. Once a suit is certified the shareholders will be notified and no action is to be taken by the shareholder to remain part of the class. I know that if we don't want to remain part we should notify them. Should this not be the other way around? Phil, while we are in this pickle because of S3, there ought to be a law against lawyers being able to abuse the system and inflict further damage and we shareholders, the very ones they claim to represent, have no control over it. Anyhow, appreciate it that you took the time to get clarification and list it for all to see. There are never winners in circumstances like the present one. Thanks Jan