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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM) -- Ignore unavailable to you. Want to Upgrade?

To: Shane M who wrote (513)	1/16/1999 5:25:00 PM
From: Adelantado	Read Replies (2) \| Respond to of 721

I understand the purpose of the class action law suit is to make management responsible when they report: fully and accurately. If it is true that managment withheld vital information last Oct when it released earnings so as to mislead the investing community or manipulate the stock price, then the law suit should proceed and market should stay away. Better companies than DSTM have gone that way, never to recover. Consensis earnings predictions: $ 2.25 this year and $ 2.61 next. Any comments? Joe

To: Shane M who wrote (513)	1/17/1999 2:51:00 PM
From: Wright Sullivan	Respond to of 721

Shane- Thanks for your posts on DSTM. One more thing I want to make clear about this lawsuit business: Larry Blackwell, DSTM's CEO and founder, owned 4,000,000 shares last time I checked. A lawsuit accusing DSTM of market manipulation is basically saying that Larry was trying to shoot himself in the foot. He has no incentive for driving the price down. What I saw in July 98 was poor communication with shareholders (in my opinion only), and the market made DSTM pay by dropping the price from around 19 to around 15 in a hurry. But I do not see any manipulation. Poor judgement, yes, but manipulation, no. Larry did try to sell 1/8 of his holdings (500,000 shs) in a secondary offering (at 24, I recall), which was cancelled as DSTM slipped lower. I don't have a problem with that--he would still have been eating his own cooking with the remaining 3.5 million shares. I am looking forward to the next earnings report. -Wright