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


To: troy halle who wrote (1833)12/25/1997 3:00:00 PM
From: Pancho Villa  Respond to of 3441
 
>>Arccell any one care to guess how much it will be?
100 million maybe more!<<

IMO in all fairness it should be more. However, I doubt the judge will hit them that hard. What these guys took has a present value that is much more. Just look at the market cap of AVNT. Even now it is well above 100 million.

Pancho



To: troy halle who wrote (1833)12/25/1997 3:01:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 3441
 
I guess that it will be every penny that Avant! has earned from ArcCell times 3. From the lawsuit:

>>>>>>During each of 1993, 1994 and 1995, the Company derived substantially all of its total revenue from the licensing and support of ArcCell, its cell-based place and route software product, and VeriCheck, its design verification software product. Absent any extraordinary results from existing litigation, the Company currently expects that ArcCell-related and VeriCheck-related revenue will continue to account for a significant portion of the Company's revenue for the foreseeable future.<<<

Further, I don't think that you'll be able to examine the 10k's and take the earnings from 93-95 to arrive at a figure, as I'd imagine it would at least be pre-tax earnings (Avant! can apply for a tax refund), and I'm not sure how the court would allow for expenses in the distribution of and hiring for maintenece of the product. Will Avant! be awarded sums = to a salesman's commissions for the sale of the product? CDN would have had that expense had it distributed to those customers. What about Gerald Hsu's salary, which of course is an expense that cut into earnings? CDN would not have had to have borne that expense, so it strikes me that they are entitled to be compensated there.

I think one can safely assume that the amount will exceed the gross earnings of the company in 1993, 94, and 95. Does anyone care to dig up the 10k's for those years and give us an idea of how much that would be?

Barb!