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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: George M Stevens who wrote (6519)3/20/1998 4:51:00 PM
From: Sabrejet  Respond to of 19080
 
The IOM class action suit was, I believe, a suit that involved issues surrounding their phone charges for tech support and the zip drive etc... I received the legal papers on it. Knowing this one fact, I would conjecture that this is an advertisement and nothing else for this firm.

The class action suit probably has nothing to do with anything per say and has been noted to attract people on Silicon Investor!

Just my thoughts!

seczebra



To: George M Stevens who wrote (6519)3/20/1998 5:06:00 PM
From: AnnieK  Read Replies (1) | Respond to of 19080
 
The lawsuit was filed shortly after the 10-point drop in December, and as such is old news. It alleges that Oracle insiders sold shares prior to the drop based on inside knowledge. These kinds of lawsuits are fairly common. I happen to be in the class of this one, and was in the class of one filed about 7 years ago. As I recall, I received about $9.95 for that one. They're basically a nuisance to the company, taking time away from other corporate legal issues.

Annie