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Technology Stocks : Varian Associates (VAR)

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To: Ben Wa who wrote (95)2/5/2002 4:15:03 PM
From: dantecristo  Read Replies (1) of 203
 
Finally, a great deal for Varian!
"Dear Mr. Poppe:
My client, Michelangelo Delfino, has authorized me to convey to you and to your clients the following settlement offer:

Varian Medical Systems will call a press conference and issue the following statement:

"Varian Medical Systems, Inc., CEO and President Richard M. Levy accepts full responsibility for the hostile work environment that blossomed under him as then Executive Vice President of Varian Associates, Inc. On behalf of his company, Mr. Levy deeply regrets the actions that occurred under him and that it has taken against Mary E. Day, the President and Michelangelo Delfino, the Vice President of MoBeta, Inc. in which it sought to silence their truthful reporting of such events on the Internet. Varian Semiconductor Equipment Associates, Inc., and its Chairman Richard A. Aurelio join Mr. Levy and Varian Medical Systems, Inc. in this expression of regret and together with Varian Executives George A. Zdasiuk and Susan B. Felch, and Lynne C. Hermle, Esq. and Matthew H. Poppe, Esq. of the Orrick, Herrington & Sutcliffe law firm apologize for all harm they may have caused, and promise that they will never again engage in any efforts to restrain free speech of anyone in the future. All deeply believe in the Constitution of the United States and of the State of California, and in the civil rights contained therein and in the Bill of Rights."

Said statement will immediately appear on Business Wire and on the Orrick HomePage for one year. It is to be contained in the Annual Stockholders Report of both Varian corporations in the form of a full page display with the following commentary: "Ms. Day and Dr. Delfino forgive the two Varian corporations, their chief executives, the Felch and Zdasiuk families, and their highly-paid attorneys for violating American civil liberties and only hope that they have learned from their unfortunate mistakes. It is time to move on, a time for a better corporate America." In return, Delfino/Day ask for no money, will stop posting 30 days after issuance of the press conference, and remove all Internet web pages within their control. Plaintiffs will not execute or attempt to collect on their respective judgments. After one year, plaintiffs will file a satisfaction/waiver of judgment.

I believe Mr. Widmann will also be conveying the same offer from his client, Ms. Day.

Very truly yours,
Glynn Falcon"

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