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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: robert b furman who wrote (1548)7/24/2002 10:40:27 AM
From: dantecristo   of 1929
 
Bob -What do you think about Susan B. Felch's "interest free loan" with unlimited benefit from Varian?

WIDMANN: Has your company -- let me focus your attention, sir, on Ms. Felch's personal claims and Mr. Zdasiuk's personal claims. Has your company provided any financial assistance to them to help them prosecute those claims, to your knowledge?
AURELIO: We're paying for these proceedings. I'm sorry, I just don't know the basis of the question.
WIDMANN: Let me see if I can clarify, sir. You're paying their salaries while they work on their portion of this lawsuit, are you not, sir?
AURELIO: Paying their salaries -- you mean while they're obligated to be here?
WIDMANN: Yes, sir.
AURELIO: Yes, we're paying their salaries while they're obligated to be here.
WIDMANN: You understand, sir, that they have claims that are theirs personally, and if they prevail, they will be paid damage amounts for those claims, sir?
AURELIO: Yes, I am aware of that, and I believe it's appropriate.
WIDMANN: Your company is paying for their portion of the attorneys' fees, is it not, sir?
AURELIO: I suppose that's correct. All of these fees are -- they're not bifurcated in any way.
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