Hi Barry Grossman; Nah, I'm not dead, dead, dead, just busy, busy, busy. Nor did I say that Rambus' patents are in the public domain, go back and reread what I wrote.
As far as technology goes, I still don't see engineers designing RDRAM into systems, DDR is taking the design wins. The conversations among hot shot design engineers is what strike and expiration to purchase puts on RMBS, not what new products they are designing with this technology. The public misses this because of the long lag from product design to public announcement of design wins, but eventually this will cause problems for RMBS' stock price.
As I said earlier, these problems will manifest themselves by this summer, as announced DDR design wins begin to obviously lead RDRAM design wins.
By the way, if you go back and read the record, you will note that my "dead, dead, dead" comments apply to RDRAM as a technology, and explicitly not to the RMBS as a stock. In fact, I repeatedly noted that the high short interest in the stock, along with the public's ability to fool itself about its understanding of technology, could cause the stock to explode upward.
The technology is still quite dead. The stock, on the other hand, is live, and is a great trading vehicle. Just don't buy it and hold long term, particularly at the current prices.
Take a look at the (legal) insider trading on this stock and find out how many people in the know bought stock back in double digits... Answer: none of them, not a single one. They knew the stock was more than fairly priced back then. And what are they doing now? Employees are executing stock options and putting shares onto the market about as fast as they can.
-- Carl |
