| To: R.S. Blum who wrote (1393) | 1/5/1999 2:20:00 PM | | From: SHGLaw | | | |
Scott, not to say that we're suddenly doing great here, but ...
Have a good day and these scuzzballs swarm in like flies to shit. There are plenty of other companies out there. Please leave our little rdus to have a good day without getting the crap kicked out of it by daytrippers.
SHG |
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| To: R.S. Blum who wrote (1391) | 1/5/1999 2:56:00 PM | | From: CoffeePot | | | | |
The asset sell to KDS is only valued at $6.2 million.....if it ever takes place........for the year these particular assets accounted for 55% of revenues....and the company will no longer be able to operate under their current name after the sale.......looks like a desperate move to me. IMO |
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| To: PeteW who wrote (1400) | 1/14/1999 6:54:00 PM | | From: SHGLaw | | | |
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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| To: SHGLaw who wrote (1401) | 1/14/1999 7:18:00 PM | | From: Martin Olsen | | | |
SHG Re: SPLH
Splash was really cruising today, too. Do you think this will
have an effect on the stock price? I am under the general impression
that these suits take years to settle and often have little effect
on the stock...
-M |
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| To: Martin Olsen who wrote (1402) | 1/14/1999 7:33:00 PM | | From: SHGLaw | | | |
Absolutely true, Martin. They go on forever and usually have little long term impact on the subject company. But, and this is a pretty big but, they do have an unduly negative immediate result on the subject companies stock if it comes on people's radar.
Splh did pretty damn good today, and I for one was pretty surprise. I thought to myself, is something happening here all of a sudden to see a 20% rise. And now this. Will it mean anything? I just don't know if whoever has suddenly decided to buy will care about this. I kinda hope not, but suspect it can't help.
Take care.
SHG |
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