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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (2310)9/2/1998 6:11:00 PM
From: Peter V  Respond to of 4634
 
<<Do you have any idea how much those licensed to steal thieves bill?>>

I hear they are expensive. Except for the money issue, however, discovery favors an individual against a corporation, as the individual has nearly nothing to discover, but the corporation has lots and lots. Which leads to the typical strategy of burying the other side with paper: "Here is a few million pieces of paper that are responsive to your discovery request." Uh, thanks. Going through all that paper is what takes the time. But hey, Bill doesn't have anything to do after the market closes, do you Bill? <G>

But you are right, litigation is nearly always money driven, and if it is not worth the money, it won't happen. Bill has to be worth a lot of cash for TAVA to make it worthwhile.



To: Mama Bear who wrote (2310)9/2/1998 8:04:00 PM
From: BelowTheCrowd  Respond to of 4634
 
Barb,

But in the case of TAVA, the defense would probably be coupled with a countersuit, possibly of the class-action variety.

Do you know how much hell one of the top securities class-action lawyers can raise for a company once they are convinced that there is good chance of finding something.

(I presume there would be grounds for such a class action suit. If the company was doing well, they wouldn't waste a second talking about suing anybody for bad mouthing them. If good companies sued everybody who said possibly libelous things about them, then Bill Gates would be suing 100% of his customers, partners and competitors, as well as the US Senate, Justice Department, most newspapers, etc.

Why no talk about Microsoft lawsuits against their detractors. Maybe because BillG would rather just go out and prove them wrong in the real world...

mg