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Technology Stocks : Avant (AVNT)

AVNT 29.47

-1.2%

Nov 12 3:59 PM EST

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To: tonto who wrote (420)	9/9/1997 5:24:00 PM
From: Bill Wexler	of 3441

Look at this interesting tidbit... It comes from the following news story: biz.yahoo.com ...All of the individuals facing criminal charges -- including Avant! president Gerald Hsu, and Avant! Director Yun-Chung Cho -- have indicated that they will invoke the Fifth Amendment to avoid incriminating themselves, and therefore will not testify in the civil action. Avant! argues that because those individuals will be taking the Fifth Amendment, the civil case should be stayed. Cadence will not oppose a delay on the portion of its civil case against the individuals because they have indicated that they will invoke their Fifth Amendment rights in the criminal proceedings, but will argue that the civil case against Avant! itself should proceed since a corporation has no such Constitutional rights...

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