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Title Edit: ***Kiss My Ass RAMBUS*** by Mday (EDIT: Ruling now released!!!)



<< ``It looks like it's down on an apparent negative ruling in the patent lawsuit with Infineon, although there is no definitive news from the court,'' said Tim Ghriskey, portfolio manager of the $4 billion Dreyfus Fund >>



Just to clarify:
there is no proof of a pretrial ruling against Rambus. It's just a rumor right now. The stock collapse clearly isn't a rumor, but the negative ruling still is.

This article at EBN is the source of the rumor.

I have been following the case pretty closely in the media, and I'm getting the impression (just as I did early on with Judge Jackson in the MS Antitrust trial) that the judge is leaning towards agreeing with Infineon in this case. It's too early to really tell, though.
 
Am I the only one intrigued at the possibility of criminal fraud and invocation of the RICO act in this case? Not that anything will necessarily come of it, mind you, but it certainly makes for interesting musing...

<Office Space>
Judge: Richard Crisp, for your fraudulent assertations in this case, I sentence you to three years in federal, pound-me-in-the-a$$ prison! And Geoff tate, you are a very bad person!
</Office Space>
 
I'm hoping this turns out to be true, The Register also has a blurb up about this.

I sincerely hope the courts go very hard against RAMBUS.
 
I'm very intrigued about the possibilities of criminal prosecution under RICO - although I think it's a bit of a stretch beyond the original intention of the RICO act. It's too early to tell though. If I were a Rambus executive this discussion of RICO would make me a bit nervous though.

For the curious: a link to the legal code covering the Racketeer Influenced And Currupt Organizations act.
 
Did anyone catch this?



<< LOS ANGELES (Reuters) - Shares of computer chip maker Rambus Inc. >>



Computer chip maker??? Do they make chips? or just steal ideas about them?
 
I like this quote from the Motlet Fool article on the subject (found here). I tend to agree with them. It is a rumor and it shouldn't be passed off as fact.



<< EN's source also focused on criminal implications of the case. The story got picked up by an SG Cowen analyst, who warned clients that Rambus would lose the Infineon case. Today, EN acknowledges that no ruling has been made yet, though one is impending. &quot;It was a relatively minor error that came at an unfortunate time,&quot; said Tom Moran, EN executive editor. &quot;We have corrected it. We stand by the rest of the story.&quot;

Er, right. Relatively minor. Over $1 billion in market cap erased, as the rumor fueled this fear and sliced the stock 33% to $23.75. No biggie. >>

 
<< It is a rumor and it shouldn't be passed off as fact >>

Seems to me rambust on at least one occassion leaked &quot;rumors&quot; they might sue certain members of the memory-making community. Rumors. Such ugly, ugly things.
 
pm- While I agree that in-accurate reporting is akin to farting in church (something which one strives not to do), the blame for the Rambus stock downfall should rest solely with the SG Cowen analyst and investors.

I'm sorry, but if people aren't technically savvy enough to at least know what they are investing in, and can not read a report correctly, then they deserved to get burned...pure and simple.

After what Rambus has done(and/or tried to do) to the DRAM industry, I really don't feel sorry for them one bit.

Chuck
 
me too, I have no feelings for Rambus, although it's a good technology, but it's been over shadowed by the company's business tactics. Although I'm still wondering why there's a few semiconductor companies will agree to pay them royalties anyway.

 
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