Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.23

-11.1%

Dec 12 9:30 AM EST

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To: Bill Jackson who wrote (81820)	4/9/2002 11:16:30 PM
From: Dan3	Read Replies (1) of 93625

Re: 5 years from now people will say "Rambus? Rambus who?" The captain appears to have missed the divorce of Intel and Rambus. Not only is the honeymoon long over, the marriage is now over - officially. Rambus got 10 million a quarter in alimony for 5 years (and two quarters have now been used up). After that, Rambus will probably be filing for bankruptcy - if the stockholder lawsuits haven't wiped them out before that. Intel returned the dowry, too: As part of the agreement, Intel said it would return 4 million warrants that would have enabled Intel to buy Rambus stock at a price of $2.50 per share. Rambus was trading in the $6-to-$7 per share range Monday, down from about $87 a year ago. If Intel had exercised the warrants it would have diluted Rambus stock somewhat, a Rambus spokesman said. Eulau [of Rambus] called Intel's decision "more strategic than financial." eetimes.com Not very important, since nobody (and Intel should know) expects Rambus to ever get a lot higher than $2.50, anyway. Even the Rambus spokesperson recognized that Intel's dumping of Rambus represented their new strategy.

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