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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1453)2/27/1998 6:45:00 PM
From: Capitalist  Respond to of 21876
 
Lucent Technologies and Aspect Telecommunications Settle Patent Dispute

SAN JOSE, Calif., Feb. 27 /PRNewswire/ -- Lucent Technologies, Inc. (NYSE: LU - news) and Aspect Telecommunications Corporation (Nasdaq: ASPT - news) today announced that they have agreed to dismiss their patent lawsuits against each other, released each other from claims of past infringement, and settled their patent disputes. The lawsuits related to telecommunications products and call routing technology. As part of the settlement, the parties have entered into a cross-licensing agreement under which Aspect will pay Lucent a one-time fee and future royalties.
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So much for the lawsuit, but Lucent did gain one more licensing customer from it.

Regards,

Serry Habash



To: RetiredNow who wrote (1453)2/27/1998 7:56:00 PM
From: BKLYN BOYZ  Read Replies (1) | Respond to of 21876
 
Well- I happened to have CNBC on last week when Sue Harrara did a little BIT on the Internet Tele.industry. And guess what ??
VocalTec was one of the systems that was tested by CNBC crew as they first called across the street to the building which houses some of the CNBC interns. All parties agreed that the Quality was OKAY BUT when a call was placed OVERSEAS to a foreign CNBC correspondant THE VOICE QUALITY was POOR and Choppy and Garrbled.
So I guess that Vocal Tec still has some adjustments to make to their system. I guess that the RUSH to get it to market FIRST was their main priority. Hope this helps. I for one would prefer that LUCENT make certain that THEIR system is PERFECT before they send it out to market. But so far LUCENT stands for QUALITY.