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Microcap & Penny Stocks : RADIUS RISES FROM THE ASHES (DODV)

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To: PeteW who wrote (1400)1/14/1999 6:54:00 PM
From: SHGLaw  Read Replies (1) of 1438
 
It does indeed appear that rdus was named in the suit. The PR doesn't suggest any theory of liability for rdus, and the naming of otherwise non-liable parties who are major shareholders is done for tactical reasons (such as getting rdus to cooperate against splh in order to get out of the action).

Don't think that this will have any real impact on rdus, though psychological impact could occur nonetheless. Hopefully, this will not be adverse.

On the other hand, if the allegations are true, it looks pretty lousy for splh (which I also have). On the other hand, I took a really big hit when it tanked, and frankly, if splh management did what Milberg
Weiss says they did, then they deserve the suit and I'll offer myself as a named plaintiff.

SHG
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