Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Merant - MRNT (formerly MIFGY) -- Ignore unavailable to you. Want to Upgrade?

To: William B. Kohn who wrote (323)	12/7/1998 5:09:00 PM
From: PCSS	Read Replies (1) \| Respond to of 461

William, Ditto ... I saw your post only after mine was typed and submitted. Michael P.S. - you said it better and clearer though the meaning was the same

To: William B. Kohn who wrote (323)	12/8/1998 9:42:00 AM
From: Mike Healy	Read Replies (1) \| Respond to of 461

Bill, regarding insurance companies, I believe it is a bit more complicated than that. Directors have insurance policies but, as you might imagine, insurance companies arent really willing to write policies that will cover liabilities arising from securities law violations... depending on the type of policies insurance companies will be closely involved in settlement discussions. But rest assured, the settlement will involve most, if not all of the cash coming from company coffers. Dirctors and management will, of course, prefer to negotiate settlements involving the company paying out cash if it helps them avoid personal liabilities or fights over insurance coverage.