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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Wolff who wrote (35515)5/10/1999 4:15:00 PM
From: NYBellBoy  Read Replies (2) | Respond to of 122087
 
Wolff - Re CYOE - I averaged up a little more today. Please give me your interpretation of the following:

However, a lawyer for the investors argued that the warrants improve the chances for an even larger settlement.

<"What we were really trying to do by negotiating for the warrants was to add additional value that wasn't going to be there," said Keith F. Park, a partner at Milberg Weiss Bershad Hynes & Lerach LLP in San Diego, the lead counsel representing the investors.

Lawyers for the plaintiffs are applying to get paid 30 percent of the $8 million in cash and 30 percent of the 2.25 million warrants. If the lawyers' fees are approved, investors would receive about 19 cents per share in cash.>

:)

BB