Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: XBrit who wrote (2622)	6/21/2001 9:27:55 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 6873

For Avant!, also see: asensio.com!Corporation/avantindex.html it took quite a time. Investors continue to buy Avant! Corp. (NASDAQ Symbol: AVNT) (Price: $20.0625) stock based on the premise that both the company and its management will successfully avoid civil and criminal prosecution for stealing one of the word's most unique pieces of software. We believe the evidence against Avant! is highly damaging. In fact, certain institutional holders have acknowledged their belief that Avant! is guilty but continue to buy and hold its stock hoping the wheels of justice will jam. We have stated that Avant! faces liabilities well beyond its ability to pay. Cadence Design Systems, Inc. (NYSE Symbol: CDN) has now disclosed its estimate of the damages. Both Cadence and the State of California are diligently pursuing Avant! and its criminally charged managers. Avant! has failed to separate the interests of its shareholders from these individuals (who are free only because they posted bail.) As a result, Avant! has failed to negotiate a settlement and has merely delayed the proceedings. We believe any settlement would wipeout Avant!'s equity. We further believe that both trials will be held and that the facts provide clear and convincing evidence of Avant!'s guilt.