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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.26-11.1%3:59 PM EST

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To: NightOwl who wrote (56969)10/7/2000 6:44:18 PM
From: sylvester80  Read Replies (2) of 93625
 
NightOwl,

I don't think you read very well. Rambus is adding a suit "to seek injunctions to halt the sale, manufacture, and use of Hyundai SDRAM and DDR SDRAM memory". That is a much faster venue than the ITC one. End result is the same but the suit is that more powerful one. Plus the Virginia courts move much faster than California courts and a hell of a lot faster than ITC. I view this as a big advantage for Rambus.

So here is what was stated:

"The purpose for filing the change of venue motion is to allow Rambus to move this suit before one court with the pending litigation filed by Rambus against Infineon Technologies in the U.S. District Court for the Eastern District of Virginia and to thus expedite the court proceedings. As part of this consolidation strategy, Rambus has filed a motion to dismiss its pending ITC complaint against Hyundai."

"In its response to Hyundai's complaint, Rambus will file suit against Hyundai for alleged willful patent infringement and will seek injunctions to halt the sale, manufacture, and use of Hyundai SDRAM and DDR SDRAM memory devices that infringe the Rambus IP protected by Rambus' US patents."

biz.yahoo.com
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