Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, September 1, 1993 TAG: 9309010103 SECTION: BUSINESS PAGE: B-7 EDITION: METRO SOURCE: DATELINE: LOS ANGELES LENGTH: Short
U.S. District Judge Mariana Pfaelzer must still rule on Honeywell's assertion that Litton obtained the patent improperly.
Honeywell counsel Edward D. Grayson said he was outraged by the verdict. Honeywell denied using any Litton technology.
Investors appeared at first to shrug off the verdict, with Honeywell shares closing up 7/8 at 38 7/8 Tuesday. Litton closed at 66 1/2, up 1. But the verdict came with only about a half-hour of trading left. - Los Angeles Times
by CNB