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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1705)	12/15/1997 11:45:00 PM
From: Cosmo Daisey	Respond to of 3441

Barb, Rein in that exhuberence and read this sobering news. CD AVNT CDN December 15, 1997/FOOLWIRE/ -- Legal woes continue to plague electronic design automation software company Avant! (Nasdaq: AVNT), which may have an injunction placed against its main software product line called "Aquarius." The company has been engaged in one of the most virulent intellectual property disputes in the software industry with antagonist Cadence Design Systems (NYSE: CDN), which has charged Avant! with outright theft of computer code. During a U.S. district court hearing last Friday, judge Ronald Whyte said he would decide this Friday whether to allow Avant! the opportunity to submit arguments on why Aquarius should not be enjoined (prompting further investigation). If this doesn't happen, Avant! may see a major source of revenue disappear. Back in March, Judge Whyte decided not to enjoin any Avant! products, but the the Ninth Circuit federal appeals court overturned that ruling and ordered Whyte to cut-off Avant!'s "ArcCell" product group. Since ArcCell has been replaced by Aquarius, it was next on the chopping block.