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To: Bellvie who wrote (10048)3/25/1998 1:25:00 PM
From: rhet0ric  Read Replies (2) | Respond to of 213173
 
The Imatec suit seems to be having minimal effect.

It looks like a desperation move to me. Two of Imatec's last 5 press releases read: "Imatec to sell off all its assets," and the next one is: "Imatec revokes decision to sell off all its assets." Their stock is trading below $1.

Even if Apple did copy Imatec's technology, which I seriously doubt, I don't think Apple even makes any money off Color Sync, so how could they owe Imatec $1.1B?

rhet0ric



To: Bellvie who wrote (10048)3/25/1998 1:39:00 PM
From: Alomex  Read Replies (2) | Respond to of 213173
 
The Imatec suit seems to be having minimal effect. I may have been too quick to sell on news...out @ 27 7/16.

Imatec has a $2.7 million market cap. If, worse comes to worse, Apple lawyers see that there seems to be any substance to the suit, Apple will buy them out.


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