here here i have to agree with you lawyers are such crap.
I think i'm going to head out and buy some allaire stock now.
Great time to buy the stock now and show our loyality to this great company
since when it does go back up (which i'm pretty sure we all knwo it will) we
will be on the happy end of the stick.
Some of these investors though, think the stockmarket is only allowed to go
up and if it goes down then
OHHH i have to sue i need my money back.
"It's 10 pounds of Horse Manure in a 5lb Bag"
"Never apply a Star Trek solution to a Babylon 5 problem."
Bill Wheatley
Director of Development
AEPS INC
Allaire ColdFusion Consulting Partner
http://www.aeps.com
ICQ: 417645
http://www.aeps2000.com
954-472-6684 X303
----- Original Message -----
From: "Adrian Cooper" <[EMAIL PROTECTED]>
To: "CF-Talk" <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Friday, September 29, 2000 12:46 PM
Subject: Allaire statement on law suits
> Copied to CF-Talk on the basis that people here will want to know what
Allaire
> is saying and doing about the the allegements by some shareholders.
>
> FWIW - having studied this entire situation closely for a few days now, I
> conclude, (and this is entirely my own opinion), that these class action
law
> suits are a result of:
>
> 1) Sour grapes on the part of shareholders who can't accept the fact that
the
> value of stocks can go down as well as up.
>
> 2) Opportunism on the part of lawyers - some of whom apparently specialise
in
> this sort of thing.
>
> Aside from the sell-off today caused by Apple Computer announcements,
Allaire
> stock has now stablised in a massively oversold state at around $8
>
> Adrian Cooper.
>
> Allaire statement follows....
>
> Allaire Says Securities Class Action Lawsuits Without Merit
>
> NEWTON, Mass., Sep 29, 2000 /PRNewswire via COMTEX/ -- Allaire Corporation
> (Nasdaq: ALLR) confirmed that several purported shareholder class action
> complaints have been filed against Allaire and certain of its officers in
the
> United States District Court for the District of Massachusetts. In the
> complaints that the company has received, the plaintiffs claim to
represent
> purchasers of Allaire's common stock during the period from July 20, 2000
to
> September 18, 2000 (the "purported Class Period"), and seek unspecified
damages.
> The complaints contain allegations that the defendants allegedly made
misleading
> statements or omissions concerning the company's performance during the
> purported Class Period. The company believes that the lawsuits are without
merit
> and will vigorously contest these lawsuits and expects to seek dismissal
at the
> appropriate time.
>
>
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