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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: Road Walker who wrote (168786)7/27/2002 11:26:57 AM
From: Gary Kao  Read Replies (2) of 186894
 
bad news?!Court halts product shipments from Intel's Xircom unit
>>anyone want to venture a guess about how much revenue/profit Intel will lose as a result of this?

Semiconductor Business News
(07/26/02 11:16 a.m. EST)

SANTA CLARA, Calif. -- 3Com Corp. today announced that a federal court has blocked Intel Corp.'s
Xircom subsidiary from selling select local-area networking (LAN) and modem cards in the
marketplace.

The preliminary injunction ordered by a federal court last week against Xircom is in full force,
effectively immediately. As of the afternoon of July 25, when 3Com posted the required bond with
the court, Xircom was fully prohibited from making, using, or selling some 26 products in the United
States.

The products mainly include Xircom's
RealPort and RealPort2 family of LAN
products, which the court ruled likely
infringe on technology patented by
3Com of Santa Clara, according to
3Com.

This injunction will remain in effect until
the case is resolved, said Mark
Michael, senior vice president and
general counsel of 3Com. "We are
pleased with a ruling that validates our
efforts at protecting and, when
necessary, enforcing our IP rights," he
said in a statement.

>>
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