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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: John J H Kim who wrote (41244)5/22/2001 3:45:17 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Short this one...

15:20 ET Avant! (AVNT) 17.84 -0.71 (-3.8%): Stock has been halted for trading since mid-day -- news pending. The San Jose Mercury News is reporting that 7 Avant executives have pleaded no contest to stealing trade secrets and agreed to pay millions of dollars in fines to settle litigation with Cadence Design Systems (CDN). Avant as a corporation pleaded guilty to trade secrets theft and securities fraud and will pay a $27 mln fine.