( ESNUG 376 Item 6 ) -------------------------------------------- [08/29/01]
Subject: Goering Dissed All The Way From India For His Nassda Story !!!
> News of the lawsuits was leaked anonymously on the eve of an initial
> public offering (IPO) that Nassda is quietly preparing. It is not yet
> known whether the news will threaten the IPO. There was no intentional
> leak from Synopsys, said Craig Cochran, Synopsys' director of corporate
> marketing.
>
> - Richard Goering, EE Times, 8/27/01
From: "Gayatri Japa" <gayatri.japa@indiatimes.com>
Dear John,
Your friend Richard has erred in his analysis of the Nassda leak. All
lawsuits must be fully disclosed in American S1s. The leak does not derail
the IPO as Richard reports in his article.
- Gayatri Japa
India Times
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From: "Richard Goering" <rgoering@cmp.com>
John, remember that Nassda hadn't yet announced its IPO.
When they filed their S-1, I would assume the lawsuits must be disclosed.
What seems suspicious about the timing is that the leak occurred before the
Nassda public filing, but after they'd started the IPO process and are (so
they believe) legally constrained as to their ability to respond. They are
thus unable to put the kind of "spin" on it that they might have, if
things had unfolded differently.
- Richard Goering
EE Times
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