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 : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: babette spatz who wrote (2670)	12/17/1997 2:42:00 PM
From: Wallace Rivers	Read Replies (3) \| Respond to of 8358

IMHO they merely serve to line the pockets of lawyers...IF plaintiffs win, they would be lucky to get .50/share, all the while diverting management's attention. The modern day equivalent of ambulance chasing!

To: babette spatz who wrote (2670)	12/17/1997 2:46:00 PM
From: Doug	Read Replies (1) \| Respond to of 8358

Hi Babette: As a best case guess_estimate I see you getting a cheque of $3 to $8 for your claims. A class action suit is a cash cow for the Lawyers only. About 5 yrs ago, I actually went thru one hoping to recover my position in BMY which was trading at $80+. Just last week,I received a cheque for $6. Incidentally, by holding on to BMY I actually recovered my position but it took a few Q's. It is upto you to register. They send you a fistful of documents with a lot of waivers etc. The postage and time I spent was more than I recovered.I had no my rear mirror then but it would be a big "NO" now that I got one.! Good Luck.!