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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.53+0.7%12:59 PM EST

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To: Dan3 who wrote (46448)7/2/2000 8:08:08 PM
From: jim kelley  Read Replies (1) of 93625
 
Re: "the agreement was for a six month period" NOT!

IMO, you definitely have a serious integrity problem!

The facts are :

The agreement was for 5 years not 6 months.

The movement of the Hitachi DRAM memory business into a joint venture with NEC was well known before the settlement.

If Hitachi resumes DRAM production during the term of the contract, they may do so by paying the required royalties.

Hitachi is paying continuing to pay for the SDRAM controllers in the SH series of microprocessors. THese are widely used microprocessors and controllers and the royalty stream will continue for the 5 years term of the contract.
The royalty on controller logic is 3 to 5% a lot more than on the DRAM.

(:)
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