Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 101.61

+2.8%

Dec 5 9:30 AM EST

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To: Ian@SI who started this subject	1/5/2004 3:23:07 PM
From: Bilow	Read Replies (1) of 93625

Hi all; Erich Desai, the analyst who has been pumping Rambus, was also involved in Synopsys: Deposition claims EDA CFO pressured analyst EE-Design, November 3, 2003 There is supposed to be an impenetrable wall between financial analysts and their investment-banking counterparts to avoid conflicts of interests in which analysts might be pressured to report favorably on companies that would, in turn, give banking business to their firms. In the past two years, however, incidents have surfaced in technology and other sectors that suggest that wall has big holes in it. One such case involves a high-profile EDA analyst, his former employer and one of the biggest names in the design automation business today: Synopsys Inc. New information from a previously partially censored court document sheds new light on the world of investment banking and research - and on the analyst, *Erach Desai, and his relationship in 2001 with Synopsys executives* and with his own bosses. Last year, regulators from the Massachusetts Securities Division began a widespread securities investigation into the practices of Credit Suisse First Boston's Global Technology Group. The well-documented investigation recently led to several penalties for CSFB - the most prominent of which was the indictment of CSFB investment-banking technology whiz Frank Quattrone for obstruction of justice and witness tampering. Quattrone's case ended in a hung jury earlier this month. ... eedesign.com Example of recent story with Erach: #reply-19612895 -- Carl

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