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Re: Allaire statement on law suits
And so is everything else on NASDAQ thanks to APPLE.
DC
-----Original Message-----
From: Neil H. [mailto:[EMAIL PROTECTED]]
Sent: Friday, September 29, 2000 19:18
To: CF-Talk
Subject: Re: Allaire statement on law suits
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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> the body.
> >
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<HTML><HEAD><TITLE>Re: Allaire statement on law suits</TITLE>
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<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT color=3D#0000ff face=3DArial size=3D2><SPAN =
class=3D431585020-29092000>And so=20
is everything else on NASDAQ thanks to APPLE.</SPAN></FONT></DIV>
<DIV><FONT color=3D#0000ff face=3DArial size=3D2><SPAN=20
class=3D431585020-29092000></SPAN></FONT> </DIV>
<DIV><FONT color=3D#0000ff face=3DArial size=3D2><SPAN=20
class=3D431585020-29092000>DC</SPAN></FONT></DIV>
<DIV><FONT color=3D#0000ff face=3DArial size=3D2><SPAN=20
class=3D431585020-29092000></SPAN></FONT> </DIV>
<BLOCKQUOTE style=3D"MARGIN-RIGHT: 0px">
<DIV align=3Dleft class=3DOutlookMessageHeader dir=3Dltr><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B> Neil H.=20
[mailto:[EMAIL PROTECTED]]<BR><B>Sent:</B> Friday, September =
29, 2000=20
19:18<BR><B>To:</B> CF-Talk<BR><B>Subject:</B> Re: Allaire statement =
on law=20
suits<BR><BR></DIV></FONT>
<P><FONT size=3D2>its down. :(</FONT> </P>
<P><FONT size=3D2>Neil</FONT> </P>
<P><FONT size=3D2>----- Original Message -----</FONT> <BR><FONT =
size=3D2>From:=20
"William J Wheatley" <[EMAIL PROTECTED]></FONT> <BR><FONT =
size=3D2>To:=20
"CF-Talk" <[EMAIL PROTECTED]></FONT> <BR><FONT =
size=3D2>Sent:=20
Friday, September 29, 2000 1:35 PM</FONT> <BR><FONT size=3D2>Subject: =
Re:=20
Allaire statement on law suits</FONT> </P><BR>
<P><FONT size=3D2>> here here i have to agree with you lawyers are =
such=20
crap.</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> I =
think i'm=20
going to head out and buy some allaire stock now.</FONT> <BR><FONT =
size=3D2>>=20
Great time to buy the stock now and show our loyality to this =
great</FONT>=20
<BR><FONT size=3D2>company</FONT> <BR><FONT size=3D2>> since when =
it does go=20
back up (which i'm pretty sure we all knwo it will)</FONT> <BR><FONT=20
size=3D2>we</FONT> <BR><FONT size=3D2>> will be on the happy end of =
the=20
stick.</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> =
Some of these=20
investors though, think the stockmarket is only allowed to</FONT> =
<BR><FONT=20
size=3D2>go</FONT> <BR><FONT size=3D2>> up and if it goes down =
then</FONT>=20
<BR><FONT size=3D2>> OHHH i have to sue i need my money =
back.</FONT>=20
<BR><FONT size=3D2>> "It's 10 pounds of Horse Manure in a 5lb =
Bag"</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>> "Never apply a Star Trek solution to a Babylon 5 =
problem."</FONT>=20
<BR><FONT size=3D2>></FONT> <BR><FONT size=3D2>> Bill =
Wheatley</FONT>=20
<BR><FONT size=3D2>> Director of Development</FONT> <BR><FONT =
size=3D2>>=20
AEPS INC</FONT> <BR><FONT size=3D2>> Allaire ColdFusion Consulting=20
Partner</FONT> <BR><FONT size=3D2>> <A href=3D"http://www.aeps.com" =
target=3D_blank>http://www.aeps.com</A></FONT> <BR><FONT size=3D2>> =
ICQ:=20
417645</FONT> <BR><FONT size=3D2>> <A =
href=3D"http://www.aeps2000.com"=20
target=3D_blank>http://www.aeps2000.com</A></FONT> <BR><FONT =
size=3D2>>=20
954-472-6684 X303</FONT> <BR><FONT size=3D2>> ----- Original =
Message=20
-----</FONT> <BR><FONT size=3D2>> From: "Adrian Cooper"=20
<[EMAIL PROTECTED]></FONT> <BR><FONT size=3D2>> To: "CF-Talk" =
<[EMAIL PROTECTED]></FONT> <BR><FONT size=3D2>> Cc:=20
<[EMAIL PROTECTED]></FONT> <BR><FONT size=3D2>> Sent: =
Friday,=20
September 29, 2000 12:46 PM</FONT> <BR><FONT size=3D2>> Subject: =
Allaire=20
statement on law suits</FONT> <BR><FONT size=3D2>></FONT> <BR><FONT =
size=3D2>></FONT> <BR><FONT size=3D2>> > Copied to CF-Talk on =
the basis=20
that people here will want to know what</FONT> <BR><FONT size=3D2>> =
Allaire</FONT> <BR><FONT size=3D2>> > is saying and doing about =
the the=20
allegements by some shareholders.</FONT> <BR><FONT size=3D2>> =
></FONT>=20
<BR><FONT size=3D2>> > FWIW - having studied this entire =
situation closely=20
for a few days now,</FONT> <BR><FONT size=3D2>I</FONT> <BR><FONT =
size=3D2>>=20
> conclude, (and this is entirely my own opinion), that these class =
action</FONT> <BR><FONT size=3D2>> law</FONT> <BR><FONT =
size=3D2>> >=20
suits are a result of:</FONT> <BR><FONT size=3D2>> ></FONT> =
<BR><FONT=20
size=3D2>> > 1) Sour grapes on the part of shareholders who =
can't accept=20
the fact</FONT> <BR><FONT size=3D2>that</FONT> <BR><FONT size=3D2>> =
the</FONT>=20
<BR><FONT size=3D2>> > value of stocks can go down as well as =
up.</FONT>=20
<BR><FONT size=3D2>> ></FONT> <BR><FONT size=3D2>> > 2) =
Opportunism on=20
the part of lawyers - some of whom apparently</FONT> <BR><FONT=20
size=3D2>specialise</FONT> <BR><FONT size=3D2>> in</FONT> <BR><FONT =
size=3D2>>=20
> this sort of thing.</FONT> <BR><FONT size=3D2>> ></FONT> =
<BR><FONT=20
size=3D2>> > Aside from the sell-off today caused by Apple =
Computer=20
announcements,</FONT> <BR><FONT size=3D2>> Allaire</FONT> <BR><FONT =
size=3D2>> > stock has now stablised in a massively oversold =
state at=20
around $8</FONT> <BR><FONT size=3D2>> ></FONT> <BR><FONT =
size=3D2>> >=20
Adrian Cooper.</FONT> <BR><FONT size=3D2>> ></FONT> <BR><FONT =
size=3D2>>=20
> Allaire statement follows....</FONT> <BR><FONT size=3D2>> =
></FONT>=20
<BR><FONT size=3D2>> > Allaire Says Securities Class Action =
Lawsuits=20
Without Merit</FONT> <BR><FONT size=3D2>> ></FONT> <BR><FONT =
size=3D2>>=20
> NEWTON, Mass., Sep 29, 2000 /PRNewswire via COMTEX/ -- =
Allaire</FONT>=20
<BR><FONT size=3D2>Corporation</FONT> <BR><FONT size=3D2>> > =
(Nasdaq: ALLR)=20
confirmed that several purported shareholder class action</FONT> =
<BR><FONT=20
size=3D2>> > complaints have been filed against Allaire and =
certain of its=20
officers</FONT> <BR><FONT size=3D2>in</FONT> <BR><FONT size=3D2>> =
the</FONT>=20
<BR><FONT size=3D2>> > United States District Court for the =
District of=20
Massachusetts. In the</FONT> <BR><FONT size=3D2>> > complaints =
that the=20
company has received, the plaintiffs claim to</FONT> <BR><FONT =
size=3D2>>=20
represent</FONT> <BR><FONT size=3D2>> > purchasers of Allaire's =
common=20
stock during the period from July 20,</FONT> <BR><FONT =
size=3D2>2000</FONT>=20
<BR><FONT size=3D2>> to</FONT> <BR><FONT size=3D2>> > =
September 18, 2000=20
(the "purported Class Period"), and seek unspecified</FONT> <BR><FONT=20
size=3D2>> damages.</FONT> <BR><FONT size=3D2>> > The =
complaints contain=20
allegations that the defendants allegedly made</FONT> <BR><FONT =
size=3D2>>=20
misleading</FONT> <BR><FONT size=3D2>> > statements or omissions =
concerning the company's performance during the</FONT> <BR><FONT =
size=3D2>>=20
> purported Class Period. The company believes that the lawsuits =
are</FONT>=20
<BR><FONT size=3D2>without</FONT> <BR><FONT size=3D2>> merit</FONT> =
<BR><FONT=20
size=3D2>> > and will vigorously contest these lawsuits and =
expects to=20
seek dismissal</FONT> <BR><FONT size=3D2>> at the</FONT> <BR><FONT=20
size=3D2>> > appropriate time.</FONT> <BR><FONT size=3D2>> =
></FONT>=20
<BR><FONT size=3D2>> ></FONT> <BR><FONT size=3D2>></FONT> =
<BR><FONT=20
size=3D2>>=20
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