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 : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Rutheiser who wrote (1826)	12/25/1997 10:19:00 AM
From: troy halle	Read Replies (1) \| Respond to of 3441

Good post! Mark Reading this is amazing someone should write a book or do a movie on this story. What would be a good juicy title??

To: Mark Rutheiser who wrote (1826)	12/25/1997 11:00:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 3441

Mark: A+ on your post. I guess this shows investors are or were extremelly optimistic. They have to see the S... hit their face before they run away. This bahavior provides excellent opportinities for shorts that are smart enough to see about 25 ft. ahead of others when fog prevails. Pancho

To: Mark Rutheiser who wrote (1826)	12/25/1997 12:38:00 PM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 3441

Mark, Release on PR newswire appears to be from the law firm. The notice seems to be an effort to find other shareholders in the class. This is an old suit that I found a little puzzling when it was filed. The class members have had ample opportunity to sell the stock at a profit since the suit was filed. There didn't seem to be much chance for the suit when the price of the stock was higher and the class wasn't harmed. If you were a member of the class and had an opportunity to sell out would you still be in the stock? The price was up in the $40's during the time of the suit. Aparently the stockholder filing the suit received her stock in a swap deal so tax considerations and $millions are involved so it makes sense to reactivitate the suit now that the price is tanking. Too bad the company may not be around when the suit finally makes it to court so the company insiders will have to pay the judgement if they stay within the boundries of the court jurestiction. CD