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BUSINESS
June 11, 1998 | Times Wire Services
One day after hitting a high for the year, Odetics Inc.'s stock tumbled $3 to $13.75 after federal filings revealed that competitor Storage Technology will get another chance to argue that the court should throw out a $70.6 million jury verdict awarded to Odetics in a patent infringement suit against StorageTek. Anaheim-based Odetics develops, makes and markets products used to record digital, video and audio information for a variety of industries.
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BUSINESS
June 11, 1998 | Times Wire Services
One day after hitting a high for the year, Odetics Inc.'s stock tumbled $3 to $13.75 after federal filings revealed that competitor Storage Technology will get another chance to argue that the court should throw out a $70.6 million jury verdict awarded to Odetics in a patent infringement suit against StorageTek. Anaheim-based Odetics develops, makes and markets products used to record digital, video and audio information for a variety of industries.
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BUSINESS
January 29, 1992 | From Times Staff and Wire Reports
Strong Orders For Storage Technology: Storage Technology Inc. on Tuesday unveiled "Iceberg," a state-of-the-art computer data storage device that the company said has attracted enormous customer interest. Iceberg is designed to give companies the ability to store a huge amount of data from mainframe computers in less space and to ensure against data loss in the event of a hard-disk crash. "We believe Iceberg represents the dawning of a new era in online (data) storage," President R. R.
BUSINESS
November 18, 1997 | Reuters
Silicon Storage Technology Inc. said it will countersue computer chip giant Intel Corp.--which sued Silicon Storage last week--alleging unfair and anti-competitive business practices. Intel sued Sunnyvale-based Silicon Storage in U.S. District Court in Delaware on Friday, accusing it of infringing four patents. The lawsuit by the world's largest maker of computer chips seeks a court order banning further infringement and unspecified damages.
BUSINESS
May 7, 1996
Companies ranked by chance in stock price since 1995 initial offering. *--* Rank Company Offering Price Recent Price 1 DSP Communications Inc 10 30.5 2 Premisys Communications Inc 16 41.75 3 HNC Software Inc 14 36.5 4 Remedy Corp 23 67 5 Netscape Communications Corp 28 55.25 6 Arbor Software Corp 17 64 7 P-Com Inc 12 20.88 8 PDT Inc 16 54.5 9 Clarify Inc 13 40 10 Red Brick Sys Inc 18 55 11 Lumisys Inc 8 23.5 12 Verity Inc 12 31.5 13 Xylan Corp 26 64.
BUSINESS
July 6, 2000 | Bloomberg News
Salomon Smith Barney Inc. analyst Jonathan Joseph has gotten out in front, saying he has spotted the first signs of a reversal in semiconductor stocks. Some other analysts say he could get run over. Joseph, if correct, is giving early warning that the good times may be over for a group of stocks that has been among the year's best performers. The Philadelphia semiconductor index returned 68% this year until Wednesday's 9.3% slide in the wake of his call. He downgraded Texas Instruments Inc.
BUSINESS
June 3, 1991 | From Associated Press
Ryal Poppa flashes a somber smile as he reflects on that day six years ago when he faced down an angry bunch of creditors who wanted to dismantle Storage Technology Inc. The computer products manufacturer was in the midst of a Chapter 11 bankruptcy reorganization after posting a $505.5-million loss in 1984. The creditors wanted justice, and some takeover attempts were testing the waters. Some of the creditors were "trying to break up the corporation . . .
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