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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Whitley who wrote (28630)	12/24/1997 1:02:00 AM
From: muleskinner	Read Replies (2) \| Respond to of 61433

<<Does anyone here know any individual investor got his money back by participating in a class action suit? I don't know anybody.>> < Does anyone here know anyone who got back 10% of their money in a class action> suit? I don't. No the deal is---you get to fill out the 500 pages of documents for the class action and the lawyers they get to keep the money.

To: Jack Whitley who wrote (28630)	12/24/1997 8:14:00 AM
From: Stan Walker	Respond to of 61433

Jack, FWIW I got back about 1/3 of my losses in a home building outfit named MDC a few years ago. From the time I was notified by the attorneys that there was a lawsuit until I received the 3rd and apparently final check took about 7 years. I bought the stock on a recommendation from my Smith Barney broker when it was at the all-time high (naturally?) and sold it a few months later before it went bankrupt. The broker never advised me to sell. Now I treat broker recommendations and dog crap the same way, I have a healthy respect for what they can do and I stay the hell away. Regards Stan