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To: Harry J. Finn who wrote (5946)12/4/1998 8:12:00 PM
From: TraderAlan  Respond to of 12617
 
Harry,

<What really needs to be addressed is the implications a case like this can mean for all day traders>

I was a claim manager for a major property/casualty carrier for years before trading full-time and handled hundreds of legal filings of all merit (or lack of).

The implications are that there are no implications. Creative lawsuits are part of a long American tradition. The press jumps on the filings but rarely sticks around long enough to see how they turn out. Odd cases like this one go nowhere and mean nothing.

The judicial system isn't as nuts as the public might believe. Plaintiff counsel doesn't want to take a case like this in front of a jury, especially in Indiana. And if it's a federal filing, the judge will shove it back down his throat.

The system is safe.

Alan



To: Harry J. Finn who wrote (5946)12/5/1998 12:30:00 AM
From: clark66  Respond to of 12617
 
he has no case