Avant (AVNT) Message Board

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Technology Stocks : Avant (AVNT)

AVNT 30.96

-1.7%

Dec 12 9:30 AM EST

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To: vegetarian who wrote (1831)	12/25/1997 3:03:00 PM
From: Brad Davies	Read Replies (2) of 3441

MC the most important asset of a software company is its intellectual capital. I am sure Avant has some good people and their skills will not evaporate with any legal judgement or criminal proceedings. I believe that some of them will form a new company (offshore perhaps) and sell some modified version of the software tools, or possibly, the company may go through a chap 11 proceeding. Either way the existing shares will have little/no long term value after the lawsuits are concluded, in my view. The class action may be weak from the point of view of calculating damages suffered by the class, but it is an excellent piece of legal drafting, and should be required reading for anyone considering an investment, long or short, in this stock. Ron

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