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nonsequetor

05/11/06 11:32 AM

#21468 RE: willsimon #21418

Lead Plaintiff Experience & seebass

seebass works on ignorance and fear.

I was asked to be a lead plaintiff on the suits against WFII a while ago. Suits were numerous and announced every day, driving down WFII's sp.

Lawyers faxed me, called me at home, and sent FedEX envelopes stuffed with documents begging me to go with them. They even called me on weekends and late at night. This is how hungry they are to produce a lead plaintiff and carry the suit to court.

It is a bunch of BS! When they find the one with the most monetary damage, the firm with the biggest clout takes the suit with the other firms riding on their coattails hoping for crumbs.

I filled out the forms, and the calls from NYC and CA stopped immediately. I never heard from anyone again.

After waiting for over a year, I called the NYC lawyer who got me to sign and he told me he handed it over to the CA firm who took on the suit. I never heard from him after that.

Recently, I looked at the news for WFII and saw the suit was dropped.

We had WFII with what we thought were many, many violations over a period where the sp dropped from over $13 to under $5.

What GTE has done is not one iota close to what WFII did.

Lawsuits are pure BS unless they have concrete evidence of wrongdoing.

This is simply an attack on GTE to drive the sp down.

People like seebass work with others to foster fear in retail buyers, trying to free up cheap shares while maybe even, working with those entities who wish to cripple GTE and drive it out of existence.

BS touts relating to ENRON and bankruptcy are just that, BS. GTE is nowhere near the visual level of an ENRON and companies carry insurance instances like this.

Even IF this went on to court, by the time it got onto the docket (over at least a year), the case would already be moot.

The institutions are buying GTE right now. Check out the percentage in the last 2 days.

Retails react to fear fostered by the likes of the seebasses in this world.

Big Money knows how to make more and they are doing it right now!