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

To: Cosmo Daisey who wrote (1876)	12/30/1997 8:05:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 3441

From the latest S-3 << CRIMINAL COMPLAINT. The Santa Clara County District Attorney's office also is investigating the allegations of misappropriation of trade secrets set forth in Cadence's lawsuit, described above. On April 11, 1997, the Santa Clara County District Attorney filed a criminal complaint alleging felony level offenses against, among others, Avant! and the following Avant! employees and/or directors, Gerald C. Hsu, President, Chief Executive Officer and Chairman of the Board of Directors, Y. Eric Cho, a member of the Board of Directors, Y. Z. Liao, Corporate Fellow, Stephen Wuu, CEO Staff, Operations, Leigh Huang, Marketing Manager and Eric Cheng, Research and Development Manager, for allegedly violating various California Penal Code sections relating to the theft of trade secrets. Avant! and the individuals have pleaded not guilty and are awaiting further proceedings. The criminal complaint could result in criminal fines against Avant!, as well as the potential incarceration of certain members of its management team. Such outcomes could result in canceled or postponed customer orders...>> Dear Avant! Customer: Your order will be delayed from 2 to 7 years while we wait for our CEO to get out of the joint. Sincerely, Customer Relations