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Technology Stocks : Nanophase Technologies (NANX) -- Ignore unavailable to you. Want to Upgrade?


To: WWS who wrote (139)4/21/1998 1:10:00 PM
From: Douglas Nordgren  Read Replies (1) | Respond to of 322
 
Bill, could this be the culprit:

biz.yahoo.com

Tuesday April 21, 12:08 pm Eastern Time

Company Press Release

Cabot Corporation and Moyco Agree to End Patent Infringement
Litigation


AURORA, Ill.--(BUSINESS WIRE)--April 21, 1998--Cabot Corp [NYSE:CBT - news]. Microelectronics Materials Division (MMD), a leading global supplier of chemical mechanical planarization (CMP) slurries, announced today that Moyco Technologies, Inc. (Montgomery, Pa.), a manufacturer of precision abrasives and professional dental supplies, and Cabot Corp. have agreed to enter into a stipulation of dismissal without prejudice as to all claims and counterclaims filed in the United States District Court for the Northern District of California.

The litigation involved a dispute as to whether a Moyco CMP slurry infringed the claims of a Cabot patent. Because Moyco has exited the semiconductor CMP market, the case between the two parties was settled. Under the settlement agreement, neither party admits liability or waives its claims against the other. Cabot has indicated, however, it will continue to strongly enforce its patent position in the future. The remaining terms of the settlement are confidential.

Cabot Corp. Microelectronics Materials Division, headquartered in Aurora, Ill., provides CMP slurries for polishing oxide, tungsten, copper and aluminum in semiconductor manufacturing processes. Cabot's MMD is a division of Cabot Corp., a 115-year-old company that operates 39 plants in 23 countries. In 1997, the company recorded sales of $1.6 billion.

Contact:

Cabot Corporation, Microelectronics Materials Division
Rick Foster, 630/585-9471, ext. 241
or
MCA, Inc.
Marie Labrie, 650/968-8900



To: WWS who wrote (139)4/21/1998 1:14:00 PM
From: Christopher Bearden  Respond to of 322
 
If I were a bet'n man, and I am, I would say the price and volume movement is based on highly positive reaction to Nanophase products presented at Materials Research Society Exhibit at SF Marriot. This took place 14-16 April and if you look at their charts this coincides precisely with increased vol and price. Figure most attendees leave on Friday (17 apr) and got their trades in Monday and Today which accounts for high vol. Don't know what was presented by those "nano-nuts" but there must be some great orders about kick in.