DAOU SYSTEMS INC
S-8, EX-5.1, 2000-12-26
RETAIL STORES, NEC
Previous: DAOU SYSTEMS INC, S-8, 2000-12-26
Next: DAOU SYSTEMS INC, S-8, EX-23.2, 2000-12-26




                                                                     Exhibit 5.1


                                December 22, 2000


DAOU Systems, Inc.
5120 Shoreham Place
San Diego, California  92122

Ladies and Gentlemen:

         DAOU Systems, Inc., a Delaware corporation (the "Company"), intends to
file with the Securities and Exchange Commission (the "Commission") a
registration statement (the "Registration Statement") on Form S-8 under the
Securities Act of 1933, as amended (the "Act"). The Registration Statement
covers (i) 1,000,000 shares of the Company's common stock, $.001 par value per
share (the "Common Stock"), which shall be issued pursuant to the DAOU Systems,
Inc. 1996 Stock Option Plan, as amended (the "Plan"), and (ii) such additional
shares of Common Stock as may become issuable pursuant to the anti-dilution
provisions of the Plan (such shares collectively referred to as the
"Securities").

         We have acted as counsel to the Company in connection with the
preparation and filing of the Registration Statement. In rendering this opinion
we have examined such corporate records, documents and instruments of the
Company and such certificates of public officials, have received such
representations from officers of the Company, and have reviewed such questions
of law as in our judgment are necessary, relevant or appropriate to enable us to
render the opinion expressed below. In such examination, we have assumed the
genuineness of all signatures, the authenticity of all corporate records,
documents and instruments submitted to us as originals, the conformity to
original documents of all documents submitted to us as conformed, certified or
photostatic copies thereof, and the authenticity of the originals of such
photostatic, certified or conformed copies.

         Based upon such examination and review and upon representations made to
us by officers of the Company, we are of the opinion that upon issuance and
delivery of the Securities in accordance with the terms and conditions of the
Plan, and upon receipt by the Company of the full consideration for the
Securities as determined pursuant to the Plan, the Securities will be legally
issued, fully paid and nonassessable shares of Common Stock of the Company.

         This firm consents to the filing of this opinion as an exhibit to the
Registration Statement. In giving such consent, we do not admit that we come
within the category of persons whose consent is required by Section 7 of the Act
or the rules and regulations of the Commission thereunder.

                                              Respectfully submitted,

                                              /s/ BAKER & MCKENZIE




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission