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 : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Vanni Resta who wrote (4607)	2/4/1998 8:32:00 PM
From: Key West	Read Replies (1) \| Respond to of 9798

Vanni, I assume the "suit" you refer to here is not " Versace" as in what Bean wears to work as he slays his dragons and counts his money, but rather as in " Class Action" Let me be so bold to suggest that the chances of a CA up here in Canada, the land of the complacent and polite, are remote at best. Contingency cases are illegal, on the surface at least, and a nominal plaintiff would have to raise ten's of thousands of dollars to even get a lawyer to study the case. Then there are the inevitable conflicts of interest, and the thing never gets off the ground. Any successful CA will positively, absolutely, have to come from that Great Republic to the South, where you have firms that specialize in CA's. You need an American resident who files a "nominal" complaint and they will take the case on a purely contingent basis, taking a cut of about 40% of the proceeds of a successful judgement. I once day traded Discreet Logic for a point two years ago. Never looked at it since. Last week, I filled out a declaration from a Law firm in NYC., stating that i was a "registered" holder of DSLGF during the critical period. In 1 or 2 years from now, I may receive a cheque in the mail for "damages". In the States, folks, never in Canada. If you are serious about this "suit" may I suggest the following link milberg.com Gene Piccoli