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Technology Stocks : GSLI Lumonics -- Ignore unavailable to you. Want to Upgrade?


To: JOHN A. who wrote (14)1/20/2000 9:51:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 328
 
I am holding on to my GSLI, so far I have over 55 % return and hope to double soon!



To: JOHN A. who wrote (14)1/23/2000 1:42:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 328
 
ROBOTIC VISION SYSTEMS INC. SUING GSI Lumonics, Inc for $75 Million:

ROBOTIC VISION SYSTEMS INC filed this 10-K on 12/29/1999.

ITEM 3. LEGAL PROCEEDINGS

We initiated two actions in the United States District Court for the Central District of California against General Scanning, Incorporated, now knownas GSI Lumonics, Inc., and its subsidiary View Engineering, Inc., ("View"),alleging infringement by View of a number of our patents relating to View'sassembly and distribution of View's own 3-D machine vision products. In June1998, the Court, in the first of these actions, involving the coplanarity inspection of ball grid array semiconductor package substrates, found infringement by View and granted our request for injunctive relief against View.This ruling has been appealed by View to the United States Appeals Court for theFederal Circuit. The second of these actions, in which we have sought both injunctive relief and monetary damages of not less than $75.0 million, was the subject of a non-jury trial completed in November 1999. The Court's decision is expected sometime during the first half of calendar year 2000.