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Faro Technologies Inc. () announced Tuesday the principle claims in a patent lawsuit filed by its largest competitor, Swedish firm Hexagon AB's subsidiary Romer-CimCore, were rejected by the U. S. Patent Office. If the patent rejection stands it will cause Faro to prevail in the ongoing litigation. The lawsuit was filed in 2003 and concerns a disagreement over a 3D machine rotation product manufactured by Hexagon subsidiary Romer-CimCore in San Diego, Calififornia. Faro's recently appointed CEO and President, Jay Freeland, said Tuesday, "The USPTO's initial rejection substantiates our continuing belief that the '148 patent is invalid. " Faro's stock jumped nearly 2% yesterday on the news order cheap microlean, and trading volume was 84% above its 90-day order cheap microlean average. Faro Technologies Profile: Faro has product in more than 13, 000 installations and has over 5, 700 customers globally. The company designs, develops, and markets portable, computerized measurement devices used to create digital models from existing parts. Using highly detailed 3-D measurements. Applications include: part inspection in factory applications, re-creation of historical sites, re-creation of historical sites, and surveying. Faro's products increase a company's productivity by considerably reducing the man-hours required for on-site measuring In addition, their software enables users to process and present their results more effectively. The company was founded in 1981 and is headquartered in Lake Mary, Florida. Order cheap microlean uspto comments on patent dispute in its rejection, the patent and trademark office determined the disputed feature was already found in prior faro patents and therefore resolved the claims were "obvious" in view of these prior patents. Hexagon can issue a response, with the eventual goal of appealing the claim rejections. Competitors Competitors for FARO include: Delcam plc (private), Hexagon AB (private), and Leica Geosystems Holdings AG (private). Potential Trade With the patent dispute apparently out of the way for the near term, FARO appears to be ripe for a strategy. Using powerful screening tools, the following position was identified:

FARO Techs. Inc. (FARO) $ 22. 02 (38 days to expiration)
OPTION Expiration / Strike Opt. Bid %Dnsd. Prot %If Unch. %If Asgnd
QEJAX 07 JAN 22. 5 $0. 80 3. 60% 3. 80% 6. 00%
This is an out-of-the-money covered call providing reasonable downside protection of 3. 6%. If the stock price is above $22. 50 on the expiration day, this trade has the potential of returning 6% in only 38 days. Even if the stock price remains stagnant, the position will return 3. 8%. For more information about how to identify and research great , visit the website. will allow you, with a few quick clicks, to quickly and accurately compare trades and you will find the data you need to make quick, clear, and informed decisions. With tools, you can trade knowing you have found the best investment for your [order cheap microlean] risk/reward profile. provides a toll-free number (1-877-992-7971) for customer support (PowerOptions's customer support is second to none in the industry) for answering customer questions. provides a of its service. So join today, and you too can start reaping the benefits of the . provides Internet based tools for analyzing with specific search criteria and for finding potentially lucrative . For those seeking to execute a for their personal portfolios, provides an Internet based search engine for finding potentially lucrative income producing positions. PowerOptions' sister company provides expert recommendations. specializes in , and strategy recommendations. provides a of its service. [tags]Hexagon AB, Romer-CimCore, U. S. Patent Office, San Diego, Calififornia, Jay Freeland, USPTO, Lake Mary, Florida, Patent and Trademark Office, Delcam plc, Leica Geosystems Holdings AG, FARO, FARO Techs. Inc. , covered call investment strategy, investment strategy, iron condor, option income, poweroptions, selling naked puts, stock option trading, stock options[/tags]

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