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To: Vanni Resta who wrote (1081)2/20/1998 10:08:00 PM
From: Brian Milner  Read Replies (1) | Respond to of 1253
 
As a group we have decided to put up to a maximum of $80 per member to cover a portion of the filing costs. We are trying to contact as many shareholders as possible. We have only just started and are looking for support.

Our investment club invests $2000 per member per month. Apart from Corel, our track record is pretty good. We invested $40,000 in Corel at a cost of $6.125 per share. We have sold our position this week at $2.375 per share. Our losses have been approximately $1200 per member. Each member is willing to risk a further 10% of their remaining equity of $800 towards legal fees.

Brian