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Technology Stocks : Avant (AVNT)

AVNT 29.82

+0.6%

Nov 11 3:59 PM EST

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To: tonto who wrote (445)	9/11/1997 9:32:00 AM
From: Cosmo Daisey	of 3441

Tonto, From a T/A look at AVNT the price performance is doing well. On 7/14 the close of 34 7/8 stood as the high for this move. On 9/9 that high close was replaced with a close of $35. The overall market performance on Wednesday brought down a lot of stocks and the price decline in AVNT was not severe enough to suggest anything more than a pull back in a market performer. Most of the legal problems that AVNT has are usually negotiated settlement, however the acquisition frenzy that we are seeing suggests otherwise and is probably an indication that AVNT is in more trouble than the market is accepting. The theft of software code has been business as usual in the past but this case may be groundbreaking legal work. When I look at all the evidence against this company and see the stock performance it is typical of the market not paying attention to the fundimental news. A company that is poised to benefit from this legal tangle even more than Cadence is Quickturn Design Systems. QKTN (NASDAQ) Their stock is under acumulation by several institutions and the Soros connection can't hurt either. Coz

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