Hi Norman,
"I have given a lot of thought to the lawsuit filing and I agree with you 100%, BUT WHY IS IT NOT PLAYED UP BY THE NEWS MEDIA MORE?"
Last weekend I attended a VectorVest seminar in Tampa (fantastic, btw, but that's another story)At this seminar were approx 250 persons who buy hold and sell stocks on a regular basis. During the 3 days and 4 nights I spent there, I spoke with many people. I met just ONE SINGLE person who had even heard of RMBS.
This made me realise that us "oldtimers" have become too involved in RMBS, and see it out of proportion with the real world. No matter on what we may believe for the future, right now RMBS is an almost unknown 3 year old low cap company with a small float. It`s not an Internet with high expenses, low revenue and big plans. It's a company who owns the Interlectual Property which allows a specifically designed DRAM to run at higher speeds than is currently normal.
RMBS is a stock for "techies", who understand a little where the industry is at, what makes it tick and where it may go in the future. There are very few punters out there who are techies and invest long term in their beliefs. The few who do, are far far more sucessful than the rest, but that is (yet another) story.
Sorry to disappoint you, but for the average punter, the DRAM is a number It's either 32 (is that still around?) , 64 (standard on low end boxes), or 128 (for upgrades)
Hardly anyone out there knows(or even cares) the difference between an SRAM and a DRAM, let alone EDODRAM to SDRAM to DRDRAM to DDRDRAM to SLDRAM.
So why should RMBS filing against Hitachi make big news in the media? It's not like INTC against VIA or MU against Korea Inc. These are visible companies with jobs and prestege involved.
Lastly, what I fail to understand is, why should RMBS go to $1000 on a favorable ruling?. That is parallel to saying that Hitachi has been holding RMBS down all this time. And I don't consider that to be the case.
Alan |
