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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Kao who wrote (92179)11/11/1999 10:34:00 PM
From: Saturn V  Respond to of 186894
 
Ref-<Thank you for that great analysis...a magnificent service to this thread>

You are very welcome. I appreciate your comments.



To: Gary Kao who wrote (92179)12/21/1999 12:40:00 AM
From: Saturn V  Read Replies (1) | Respond to of 186894
 
Good news, patent lawsuit against dismissed
beta.siliconinvestor.com

SAN FRANCISCO, Dec 20 (Reuters) - Intel Corp. <INTC.O> said
that a patent lawsuit filed against it by a little-known
Chicago area company called TechSearch has been dismissed.
TechSearch, a small Northbrook, Ill.-based company, filed a
patent lawsuit suit against Intel in August, 1998, alleging
that the computer chip giant infringed on a patented technique
to emulate RISC (reduced instruction set computing) processor
technology in its Pentium II and Pentium Pro processors.
Privately-held TechSearch bought the patent in question for
$50,000 from a company that had gone bankrupt, called
International Meta Systems.
Judge William Orrick, a U.S. District Court judge for the
Northern District of California issued an order late last week,
dismissing the case, saying that Intel had proved that it had
prior art in existence, meaning that the patented technique in
question was talked about or written in prior Intel patents.
"As far as we are concerned, the case is over," said Chuck
Mulloy, a spokesman for Santa Clara, Calif.-based Intel. "We
are pleased with the decision of the court."
TechSearch describes itself on its Web site as engaged in
the business of buying, owning and licensing patents and patent
interests. TechSearch officials could not be reached for
comment.

REUTERS
Rtr 19:51 12-20-99

I am glad that the judgement was inline with my analysis:
Message 11896310

Now that the multi billion dollar suit is history, will the Intel stock shoot up ?