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Technology Stocks : JDA Software -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (290)	3/2/1999 6:29:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 371

JDA Software States Intention to Defend Unfounded "Copycat" Lawsuits PHOENIX--(BUSINESS WIRE)--March 2, 1999--JDA Software Group Inc. (NASDAQ:JDAS) said Tuesday that is was aware that a number of "copycat" lawsuits have been filed against it and certain of its directors and officers in the wake of a lawsuit styled as a shareholder class action which was filed in January of this year in U.S. District Court in Arizona. These lawsuits contain allegations and arguments virtually identical to the initial lawsuit. The company expects that all of these lawsuits will be consolidated into one action as has been the case in dozens of other purported shareholder class actions filed throughout the country against other companies. The company believes that these actions against it and its directors and officers are without merit and intends to defend them vigorously.