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Technology Stocks : CRUS, good buy?
CRUS 125.62+1.9%3:59 PM EST

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To: ted quinn who wrote (7042)7/27/1999 4:01:00 PM
From: Toni Wheeler  Read Replies (1) of 8193
 
Lemme see if I can get this straight:

Cirrus Logic Awarded Judgment in Key Patent Infringement Suit


AUSTIN, Texas--(BUSINESS WIRE)--June 27, 1999--

Judge Imposes Stiff Permanent Injunction on Infringing Audio

Products; Reduction of Earlier Jury Verdict Award Still Sets Record

for Texas Court

Cirrus Logic Inc. (Nasdaq:CRUS) today confirmed that its Crystal Semiconductor division has been awarded $20 million in damages following its successful patent infringement suit against OPTi Inc. (Milpitas, Calif.), TriTech Microelectronics Pte Ltd. (Singapore) and TriTech Microelectronics International, Inc. (San Jose, Calif.).

In a record judgment for the U.S. District Court for the Western District of Texas, presiding Judge Sam Sparks entered a multi-million dollar damage award plus post-judgment interest against each of the defendants. While reducing the jury's damages award, the Court denied defendants requests for new trial, granted Crystal's request to find that this case was exceptional, and exercised its discretion in favor of Crystal to enhance the compensatory damages....


But, a few hours earlier today, Opti puts out a NR that states that their damages were greater reduced....

LOLOL...a war of the judgement!!!

I like CRUS' NR bettah!

My best,
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