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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (22256)	1/5/1999 5:32:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 27012

Sonki, AVNT, these guys are the ones in a lawsuit with Cadence, aren't they, because they were accused of lifting Cadence's chip DA software, I recall at source code level. Might as well go to the source. Maybe this is why its up: Judge Orders Settlement Talks For Avant, Cadence In Software Battle Dow Jones Online News, Tuesday, January 05, 1999 at 00:51 (Published on Monday, January 04, 1999 at 21:47) FREMONT, Calif. -(Dow Jones)- Chip-design software firm Avant! Corp. late Monday said a U.S. District Court judge has ordered it and Cadence Design Systems Inc. to participate in a settlement conference, the latest development in a long-running battle over software used to design computer chips. The order comes about two weeks after Avant and eight individuals, including Chairman, President and Chief Executive Gerald Hsu, were indicted on charges stemming from the dispute with Cadence. The Santa Clara County criminal grand jury indictment charged conspiracy to commit trade-secret theft, conspiracy to commit securities fraud, theft of trade secrets, inducing trade-secret theft and committing a fraudulent practice in connection with the offer or sale of a security. An indictment is only a charge that brings a case to trial, not a determination of guilt. Avant "categorically denies" all of the charges. Three years ago, Cadence (CDN) sued Avant, alleging that company executives stole Cadence's proprietary software code when they left the company to start their own business in the early 1990s. Both companies make software used by chip makers and other electronics firms to lay out intricate semiconductor designs. In early December, a judge ordered Avant (AVNT) to stop selling a chip-design program called Aquarius. Earlier, the judge ordered Avant to stop selling predecessor program to Aquarius, ArcCell, which is outdated and no longer being sold. Aquarius hasn't been sold since January, when it was replaced by a product called Apollo. Avant denies that its executives took Cadence technology and says Apollo contains none of the computer code at issue in the dispute. The latest ruling says Avant can't sell a product that helped to translate customers' work from the Aquarius software to the Apollo product, if that product contains any code that infringes any Cadence trade secrets. Copyright (c) 1999 Dow Jones & Company, Inc. I don't know if I mess with this one. You go ahead. Tony