DSS Inc (DSS)

[coolerheadsprevail]

Cooler,

Now I may be wrong but the docs merely state the NDA agreement "dated" 7/15. The actual day the docs were "officially" filed was 7/19. If I am correct and the 4 day 8k rule applies (4 business days from event) that would mean technically the filing does not need to occur until COB Thursday. As usual I leave in your capable hands.

Top o' the morning to you and others here, Chas...

IMHO, I think folks are splitting hairs and trying to read tea leaves that aren't there because Lexington -- a non public entity, mind you -- spoiled everyone w/immediate PR's when Jive and Broadvision settled.

If a PR doesn't happen in the next few days, then, yeah, that would be unusual. But public companies are afforded a reasonable period of time to get material news out. They are not required to do it "immediately" or within 24 hours the way Lexington did.

What you allude to with the potential distinction between the 7/15 and 7/19 may or may not be relevant -- we are merely hypothecating and speculating when we start looking for tea leaves like this to read.

And, what will be telling, is that with the new exec team at DSS (remember, several if not most came over from Lexington), this will be the new Mgmt's opportunity to convey to the market how the "new" DSS defines "material". Considering that FB/LNKD/Salesforce are still in the on deck circle, DSS may or may not deem any settlement w/Novell to be "material" to DSS (i.e. they may recognize that with a couple settlements already locked up that investors are in it for FB/LNKD and won't change their investment decision regardless of anything related to Novell). But again, even this line of thought is pure speculation. But see how easy it is to find tea leaves?

The point being, as I alluded to in a prior post earlier today, is that this is the very first settlement Bascom has notched as part of a publicy traded company. Additional layers of review, QC, assessment of the need for -- and preparation/filing of -- an 8K, etc, etc, etc, are all new to the new execs running DSS now, and so it would not be unreasonable to expect them to make sure all the I's are dotted and T's crossed in their inaugural settlement announcement as a public company.

Bottom line: Give them time. A PR should be forthcoming in the near future. If not, then I will be the first to begin casting sideways glances at the company...