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To: ~digs who wrote (263)	4/12/2004 7:16:11 AM
From: ~digs	Read Replies (1) \| Respond to of 7944

U.S. stocks to watch on April 12 MICROSOFT CORP. (MSFT) Microsoft will pay InterTrust Technologies Corp. $440 million to license the software pioneer's anti-piracy patents and settle litigation between the two, the companies said on Monday. The deal resolved all outstanding legal action between the two sides, the companies said in a joint statement. InterTrust, a privately held pioneer of software used to control digital distribution rights for media ranging from software to music, filed suit against Microsoft three years ago. Microsoft shares ended at $25.48 on Nasdaq. COCA COLA CO. (KO) Coca Cola's top lawyer, Deval Patrick, has resigned from the world's largest soft drink maker, The Wall Street Journal reported Monday. Patrick will be replaced by Geoff Kelly, a 34-year company employee and chief deputy counsel, as interim general counsel. Patrick has been heavily involved since last year with two government investigations into Coke's accounting, the Journal said. Coca Cola is being investigated after a former employee alleged last year the company had, among other things, overstated revenue. Its shares ended at $51.24. J.C. PENNEY CO. INC. (JCP) J.C. Penney, the department store chain, is expected to be flush with cash and pay down debt after the $4.53 billion sale of its Eckerd drugstore unit closes as expected on July 31, according to Barron's newspaper in its April 12 edition. Some analysts think its stock could reach $40 over the next 12 months, as J.C. Penney cuts debt and buys back stock, Barron's said. J.C. Penney shares ended at $34.64 on the New York Stock Exchange. ODYSSEY HEALTHCARE INC. (ODSY) Odyssey, which provides hospice services to dying patients, could be showing signs that its heady growth can't be maintained, reported Barron's in its April 12 issue. Higher labor costs in California and higher drug costs have hurt Odyssey's fourth quarter. Barron's also said there are suggestions that some of Odyssey's growth is the result of care that doesn't meet government standards, though the company said it follows all federal guidelines. Its shares ended at $20.89. MICRON TECHNOLOGY INC. (MU) Micron, the world's second-largest maker of computer memory chips, said on Friday it was upbeat on its 2004 prospects, thanks to firming memory chip prices and a broad recovery in the industry. Micron's Chief Executive Steve Appleton told Reuters that he believes the company's outlook for 2004 is "pretty strong," and forecast Micron would be profitable under current market conditions. Micron shares closed at $17.35. © Reuters 2004. cbs.marketwatch.com;