Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

Nov 26 3:59 PM EST

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To: Ian@SI who started this subject	3/22/2001 2:46:31 PM
From: richard surckla	Read Replies (1) of 93625

NEWS FROM BLOOMBERG...(SETTLEMENT COMING?) Technology News 03/22 13:53 Rambus Rises on Speculation of Infineon Patent Suit Settlement By John Stebbins Los Altos, California, March 22 (Bloomberg) -- Rambus Inc. shares rose as much as 22 percent after an analyst said recent developments in the chip designer's patent lawsuit against Infineon Technologies AG might lead to an out-of-court-settlement. Rambus rose $3.19, or 18 percent, to $20.48 in mid-afternoon trading after rising as high as $21.10. Shares of the Los Altos, California-based company have fallen about 43 percent this year. Transcripts of U.S. District Judge Robert E. Payne's decision to delay the trial to April 10 from Tuesday suggest the potential for Infineon to seek an out-of-court settlement ``has increased significantly,'' Morgan Stanley Dean Witter analyst Mark Edelstone said in a report. ``The decision to delay the start of the jury trial (in Richmond, Virginia) could have serious implications for Infineon's ability to successfully defend itself,'' Edelstone said in the report. Rambus sued Germany's Infineon on Aug. 8 for allegedly infringing on four patents that govern how memory chips and supporting semiconductors speed data in electronic devices ranging from personal computers to automated teller machines. Rambus derives most of its revenue from royalties and licensing fees. Rambus spokeswoman Kristine Wiseman declined to comment about the report. Infineon was not immediately available for comment. Shares of Infineon's American depositary receipts rose 75 cents to $35.50. One ADR represents one ordinary share.

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