its down. :(
Neil
----- Original Message -----
From: "William J Wheatley" <[EMAIL PROTECTED]>
To: "CF-Talk" <[EMAIL PROTECTED]>
Sent: Friday, September 29, 2000 1:35 PM
Subject: Re: Allaire statement on law suits
> 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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