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Strategies & Market Trends : Making Money is Main Objective

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To: Londo who wrote (525)1/18/2001 5:52:41 AM
From: James1000   of 2155
 
Speaking of Philip Morris I think they would be a great pick for a down-cycle. The more depressed people are the more they will smoke. Sure they they assist suicides but people like me they are more like lifesavers!

Considering that already, two of five of my companies have lawsuits on them, I decided against it.

Looking at this other lawsuit from CDN which closed this year, CDN looks like a loser:
cadence.com

However, the lawsuit pending on Avant has progressed a bit further as it was thrown out but then refilled. Supposedly their is going to be a trial but I don't really know if it can be thrown out again or not.

CDN thinks executives that quit CDN to work at AVANT used "trade secrets" as well as directly took source code from CDN and used it in at least two of Avant's product lines. Avant started about 10 years ago when CDN execs decided to leave to start their own electronics design software now known as Avant. They had trouble with CDN almost as soon as the company started and settled with them out of court. After more execs left CDN for Avant they began a legal battle.

It has taken the courts nearly four years just to decide that their will be a trial. This is the reason that I'm taking the risk with Avant. When the legal battle started AVNT was a young company with micro-cap revenues but their revenues are now about 30% of CDN revenues. By the time this is over and if they lose I suspect they could pay damages of over 1 billion dollars though I certainly would not hold on to the stock and find out!

You can see the details at news.cnet.com and news.cnet.com

The latest I could find is at: avanticorp.com!/News/PressRelease/Item/0,1105,169,00.html

I was strongly considering selling the stock at $27 though because its pretty hard to fight with those technicals. Time and time again it soars then crashes. On the other hand I really didn't want to miss out on my long-term target of $37.50 so I decided to keep it.

The bottom line here is message me in about a year to see if the trial has started yet.
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