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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
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To: Roger Arquilla who wrote (21373)4/14/1999 7:05:00 PM
From: BuzzVA  Read Replies (1) of 29386
 
Depends on what those "certain contingencies, conditions and agreements" were. It goes on to say that "the Company denies all liability and alleges that Hoyt refused to provide improvements desirable and necessary to the Company's occupancy of the proposed leased space and multiple contingencies, conditions and agreements did not occur and no binding agreement exists."
Would be a big hit if lost. But after appeals etc. we're probably looking at 1-2 yr litigation anyway and hopefully will be able to easily absorb $2.5MM judgement against us.
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