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To: Dave who wrote (66988)10/18/1998 1:24:00 PM
From: Glenn D. Rudolph  Respond to of 186894
 
INTC: GRUNTAL has reiterated estimate for fiscal year ending
12/99 of $3.70 on 10/14/98
INTC: GRUNTAL increased estimate for quarter ending 12/98 from
$0.90 to $1.00 on 10/14/98
INTC: Major Broker increased estimate for fiscal year ending
12/98 from $3.15 to $3.37 on 10/14/98
INTC: Major Broker increased estimate for fiscal year ending
12/99 from $3.83 to $4.25 on 10/14/98
INTC: Major Broker made new estimate for quarter ending 12/98
of $1.01 on 10/14/98
INTC: PRUDENTIAL SEC. has reiterated estimate for fiscal year
ending 12/99 of $4.15 on 10/14/98
INTC: PRUDENTIAL SEC. increased estimate for fiscal year
ending 12/98 from $3.14 to $3.29 on 10/14/98
INTC: PRUDENTIAL SEC. increased estimate for quarter ending
12/98 from $0.88 to $0.93 on 10/14/98



To: Dave who wrote (66988)10/22/1998 11:58:00 AM
From: Tony Viola  Respond to of 186894
 
Dave, we were talking about companies getting sued (Intel by S3) and throwing around expressions like:

No-one sues companies that don't have two nickels to rub together.

and

Steve Dallas, the attorney on the comic strip Bloom County, summed it up, "Never
sue poor people"


Well, looky here, now Apple is being sued, and they just got their stuff back together (sort of). Another case of show some success and you're more likely to get sued.

mercurycenter.com

Posted at 9:49 p.m. PDT Wednesday, October 21, 1998

Harris sues Apple for
dropping the Newton

BY HOWARD MINTZ
Mercury News Staff Writer

Harris Corp. has sued Apple Computer Inc. in Santa
Clara County Superior Court, complaining that it was
left in the lurch by Apple's decision earlier this year
to officially abandon its Newton line of hand-held
computers.

In a 10-page complaint filed Tuesday, the
Florida-based maker of communications and
technology products maintains that Apple broke a
licensing agreement when it canceled the Newton
technology in February. The decision cost Harris
millions of dollars in contracts lined up to develop
spinoffs of the device, the company says.

According to the lawsuit, Harris had arranged more
than $10 million in business on a deal with
Ameritech Corp., a Chicago-based telephone service
and communications giant, to sell Harris
MessagePad 2000s, which were based on Apple's
Newton technology. That deal, Harris contends in its
suit, disintegrated the day Apple publicly announced
it was abandoning the Newton.

The suit seeks a minimum of $17 million damages,
including recovery for Harris' costs in developing a
product line based on its licensing agreement with
Apple. That agreement, signed in 1995, was
effective through June of next year, according to the
suit.

''Apple deprived Harris of the basic benefits Harris
reasonably expected to receive from its dealings
with Apple, and which Apple understood were being
conferred on Harris,'' the suit alleges.

Apple officials declined Wednesday to discuss the
suit.

Both companies are somewhat sizable players,
Apple with $5.9 billion in sales in its most recent
fiscal year, and Harris with revenues of $3.9 billion.

After much speculation in 1997 over the future of the
Newton, Apple shut down the product in February as
part of overall attempts to improve the company's
flagging financial fortunes. The final version of the
Newton was the MessagePad 2000, a hand-held,
notepad-size computer that accepted handwritten
input with a penlike stylus.

Harris originally was licensed to produce a spinoff
-- a more rugged version of the Newton MessagePad
120, which was a predecessor to the MessagePad
2000, the lawsuit says. When Apple upgraded to the
MessagePad 2000 technology in 1996, it encouraged
Harris to develop its own compatible version and
even provided engineering assistance, according to
the suit.

But while Harris was developing its MessagePad
2000 product and striking deals with such companies
as Ameritech, Apple was backing away from the
Newton. The suit blames the shift within Apple on
the departure of former Chief Executive Officer John
Sculley, who backed the Newton, and the later
arrival of Steve Jobs, who had been critical of the
device.

The suit says Apple broke a promise to continue
supporting and marketing the Newton technology
through the entire contract it had with Harris.