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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: SheTrader who wrote (3131)8/18/1998 10:52:00 PM
From: Gary Korn  Read Replies (3) | Respond to of 7342
 
SheTrader,

It has been less than a week since the Friday cc and Ciena-related disclosure. Hardly enough time to track, review, interview and select representative class plaintiffs. And that says nothing about putting together a complaint and determining such things as the best jurisdiction for a lawsuit, as well as the named defendants in same.

I'm playing the arbitrage and hoping everything goes as planned, but the lapse of but a few days since the Friday cc doesn't mean a thing vis-a-vis whether a class action lawsuit may or may not be filed.

Gary Korn



To: SheTrader who wrote (3131)8/19/1998 4:31:00 PM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 7342
 
I wouldn't be suprised by a lawsuit. Some attorneys are interested in filing a suit. I got Email because of discussion on this board from an attorney wanting me to contact him concerning a potential class action suit. I didn't respond because I don't think the company did anything wrong. My only complaint is the price Tlab is paying for Ciena. I don't believe my personal opinions or the stock price drop justifies suits of this nature. To me class actions should be limited to actual fraud or misleading stockholders. I don't think that happened here. I am glad stock has stabilized and I hope management is correct and Ciena adds to growth. Good luck to all.
Robert D.