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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 7, 1997
DSC COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-10018 54-1025763
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1000 Coit Road
Plano, Texas 75075
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code: (972) 519-3000
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ITEM 5. OTHER EVENTS.
On November 7, 1997, DSC Communications Corporation issued a press
release (filed as Exhibit 99.1 to this report and incorporated herein by
reference).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS.
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<S> <C>
Exhibit No. Description.
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99.1 Press Release, dated November 7, 1997, issued by DSC Communications Corporation.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
DSC COMMUNICATIONS CORPORATION
Date: November 13, 1997 By: /s/ KENNETH R. VINES
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Kenneth R. Vines
Vice President, Finance
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EXHIBIT INDEX
<TABLE>
<S> <C>
Exhibit No. Description.
----------- -----------
99.1 Press Release, dated November 7, 1997, issued by DSC Communications Corporation.
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EXHIBIT 99.1
CONTACT: TERRY ADAMS
972/519-4358
DSC COLLECTS $140 MILLION JUDGMENT FROM NEXT LEVEL
FOR THEFT OF TRADE SECRETS
Dallas, TX., November 7, 1997... DSC Communications Corporation announced today
that, following a lengthy appeals process, a final judgment has been entered in
DSC's favor in its theft of trade secrets case against Next Level
Communications and former DSC employees, Thomas Eames and Peter Keeler. Eames
and Keeler founded Next Level Communications, while still employees of DSC, to
compete against the company.
The final judgment was entered by Judge Paul Brown, in U.S. District Court,
Eastern District of Texas, Sherman Division. Included were damages for theft
of trade secrets, punitive damages, court costs and interest from July 3, 1997.
These damages, which totaled $140,691,717.81, were paid in full today by Next
Level Communications.
DSC's Vice President and General Counsel George Brunt said: "While the wheels
of justice may turn slowly, it is gratifying to see that crime does not pay.
Further, DSC is committed to protecting its intellectual property. That message
should be clear from this long court case and ultimate recovery."
DSC Communications is a global provider of advanced telecommunications
products, including digital switching, transmission, access and network
management systems. DSC's integrated network solutions support voice, data and
video services, such as intelligent network, wireless, Internet and switched
digital video applications. DSC had annual revenues of approximately $1.4
billion in 1996 and is active in more than 60 countries worldwide.
-end-
http://www.dsccc.com
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