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Technology Stocks : Avant (AVNT)
AVNT 30.78+0.9%3:59 PM EST
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To: Cosmo Daisey who wrote (1805)12/23/1997 10:48:00 AM
From: Cosmo Daisey  Read Replies (1) of 3441
 
MC,
Further verification of the precarious status of Aquarius is noted in the S-4 filing by AVNT as follows:

At the December 19, 1997
hearing, the District Court did not rule on Cadence's request to enjoin the sale, license or support of Avant!'s Aquarius place and route products from which Avant! derives a significant portion of its total revenue. The District Court will hold future hearings regarding the Aquarius products. There can be no assurance that the District Court will not, upon further consideration, grant a preliminary injunction with respect to the sale of the Aquarius products, which
would have a material adverse effect on the combined company's business, consolidated financial position and consolidated results of operations.

AVNT is reporting this to the SEC and their investment banker is issuing contrary reports.
CD
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