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


To: Adelantado who wrote (514)1/16/1999 5:36:00 PM
From: Wallace Rivers  Respond to of 721
 
The first sentence of your post gets to the ostensible reason for class action lawsuits. The real reason is to pad lawyers' pocketbooks IMHO. Shareholders get virtually nothing, and may, in fact, be harmed more than hurt, because funds for any adverse judgment would come out of THEIR company's coffers absent sufficient officer's and director's insurance.
There are way too many frivolous suits out there which support the vibrant, growing industry of class action barristers.



To: Adelantado who wrote (514)1/17/1999 1:07:00 PM
From: Shane M  Read Replies (1) | Respond to of 721
 
Joe,

You may double check those earnings estimates.

quicken.excite.com

I have another source (AAII Stock Investor) that says about the same.

Shane