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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (2064)	6/29/2000 8:58:00 PM
From: Maple Leaf	Respond to of 3891

Motorola Settles Telecom Patent Suit With Alcatel (Update1) 6/27/00 1:21:00 PM Source: Bloomberg News Wilmington, Delaware, June 27 (Bloomberg) -- Motorola Inc., the world's second-largest mobile telephone maker, settled a patent infringement lawsuit with French rival Alcatel SA over cellular phone technology. Two units of Paris-based Alcatel accused Schaumburg, Illinois- based Motorola in March 1998 of misappropriating inventions protected by three of Alcatel's U.S. patents awarded in 1996. A non-jury trial in Wilmington, Delaware, federal court was to begin this month before U.S. District Judge Gregory Sleet, though Motorola and Alcatel reached a confidential agreement to settle the suit and Sleet dismissed the case. ''Each party shall bear its own costs, expenses and attorneys' fees in connection with this action,'' the companies' lawyers said in court papers. Earlier this month, Alcatel units sued San Jose, California- based Cisco Systems Inc. in federal court in Sherman, Texas, alleging violations of data network patents. Shares of Motorola, which reported $30.9 billion in 1999 sales, rose 3/16 to 30 7/16. Alcatel, with $24.5 billion in 1999 sales, fell 1.1 euros to 69.9 in Paris.