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Technology Stocks : Comverse Technology

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To: Eve Edelson who wrote (486)6/23/1998 9:30:00 PM
From: Mark Ambrose   of 1331
 
"... such lawsuits are often used as a negotiating tool among high-tech companies"

Here's the link:

biz.yahoo.com


<snip>

While such lawsuits are often used as a negotiating tool among high-tech companies -- where cross-licensing of patents is
common practice -- the products described by Lucent have generated billions in revenues for Cisco over the years.

Cisco had revenues of more than $6.4 billion in its most recent fiscal year ending July 1997 and continues to see its revenues
and earnings grow at faster than 30 percent year-over-year.

Lucent did not specify how much it was seeking in damages. But Callahan said, ''We obviously think the damages are
significant or we wouldn't have filed'' the lawsuit.

<snip>
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