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Technology Stocks : WDC/Sandisk Corporation
WDC 174.58+1.5%3:59 PM EST

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To: orkrious who wrote (20948)10/15/2001 8:48:38 AM
From: John F Beule  Read Replies (1) of 60323
 
Here's the story:

SanDisk Sues Micron Technology Over Patent (Update1)
By Pham-Duy Nguyen

San Jose, California, Oct. 12 (Bloomberg) -- SanDisk Corp., the top maker of flash-memory products, accused rival Micron Technology Inc. of infringing its patent for memory chips that retain information when the power is off.

SanDisk claims Micron infringed a 1-year-old patent for its Flash EEprom memory system that the company claims is a potential replacement for the bulkier computer disk drives currently used on most computers, SanDisk said in court papers filed yesterday in federal court in San Jose.

``As a result of Micron's infringement, SanDisk has been and will continue to be injured in its business and property rights, and is entitled to recover damages,'' the Sunnyvale, California- based company said its complaint.

SanDisk is seeking an order baring Micron from further infringement of the patent, unspecified damages and legal costs.

Flash-memory products store information in digital cameras, Internet music players and other electronic devices even when the devices are shut down. They are typically used for temporary storage in computers because they require constant power.

Sean Mahoney, a spokesman for Boise, Idaho-based Micron, said the company doesn't comment on legal matters.
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