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Technology Stocks : Avant (AVNT)

AVNT 30.93

-1.2%

Dec 4 3:59 PM EST

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To: tonto who wrote (432)	9/10/1997 7:57:00 AM
From: tonto	of 3441

Another release referring to AVNT criminal indictments Sep 08, 1997 (6:00 PM EST) - The Motley Fool Evening News Semiconductor design software company TECHNOLOGY MODELING ASSOCIATES (Nasdaq:TMAI) booted up $2 1/2 to $16 after announcing an agreement to merge with AVANT! (Nasdaq:AVNT) . Software firm Avant! is still battling a civil suit filed by CADENCE DESIGN (NYSE:CDN) as well as criminal indictments from Santa Clara County, California, both alleging theft of Cadence's IC-CAD source code. The total value of the deal is estimated at close to $150 million. With Technology already providing computer-aided design software (CAD) to major semiconductor makers, this product will round out Avant!'s own integrated circuit design software offerings. Motley Fool report on AVNT. Note the statements on civil suit filed by Cadence, and the criminal indictments by California. Let's see, believe the Attorney General of California,or one of the indicted officers of AVNT. AVNT required to appear in court again on September 22, 1997.

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