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Technology Stocks : Systemsoft Inc. (SYSF) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Brophy who wrote (3292)	5/7/1998 2:54:00 PM
From: Robert Scott	Read Replies (1) \| Respond to of 3529

Let me first of all say that this is my opinion and what you posted is your's and others but if you have followed SYSF as long as I have then I take exception to your comment "The class action securities lawyers agree and are fighting all over themselves to represent the plaintiffs. They waited a long time for a very strong case and are likely to win." These lawyers are leeches and will do anything to get a case like this. They are awarded attorney's fees if they settle (which is what they do 99% of the time) so there is little they can lose - companies would rather pay off than fight even a clear cut case - costs too much - its an economic decision. I did not find anything that Angelo said or did to be actionable. The mere fact that he sold stock DOES NOT prove the case against him. He has been a steady seller of stock over the years and was doing so before the stock took off. The case is NOT winable by the plaintiffs and all of us shareholders will end up paying the lawyers through higher insurance payments or directly. I made money on SYSF and lost alot but I do not believe Angelo is responsible for my loss based on the lawsuit. He may not have managed the company well and he may have been too exuberant in his feelings about SW but there were comments from analysts and companies who viewed the product and said it was great at the same time Angelo did. Reports have been published without retraction by OEMs that have said customers love the product and that it reduces OEM's costs - all claims that were made and have come true. I continue to believe that Angelo underestimated the time it would take OEMs to embrace the product and overestimated what they would pay for it - they got the amount early on but the bigger OEMs wouldn't pay as much - that is all. Again - just my opinion - wish the stock had performed better and all worked out as we all wanted but it didn't and a securities action will benefit nobody but the lawyers.

To: Mark Brophy who wrote (3292)	5/7/1998 3:27:00 PM
From: Mark K.	Read Replies (1) \| Respond to of 3529

Meanwhile, back on the SystemSoft thread, Mark B continues his gallant effort to warn newcomers to the danger that awaits those following the SYSF "tomorrow will be great" mantra. So many have not listened, so many have lost their shirts. Keep up the good work Mark... Mark K. PS. I'm surprised you didn't make a comment on that "Angelo deserves an apology" line. That was classic. While we're at it, might as well apologize to Oppenheimer and Volpe....