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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 104.71+0.6%Dec 9 3:59 PM EST

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To: Sully- who wrote (73064)5/16/2001 8:10:18 PM
From: SBHX  Read Replies (1) of 93625
 
wstera_02,

On already paid sdr/ddr royalty payments. I'm guessing that the sdr/ddr royalty payments amount to about 20M or so. (Is this right? I spent a few minutes on their income and cash flow statements from the annual and lastQ report, but with your impeccable credentials as an auditor, you'd probably do much better than some joe shmoe like me).

If the worse case scenario unfolds for rmbs and the fraud conviction is not overturned,

(1) why won't Hitachi be able to sue for the return of these payments.

(2) Since 20M is not a small amount, during the court proceedings to reclaim some of that, if a manufacturer makes both drdram & DDR/SDR, why won't they take the difference between the drdram royalties and the paid up sdr/ddr royalties in escrow or in trust until the court proceedings are completed. I would expect that they could apply to the court to ask for this arrangement.

----

As an auditor, in your professional opinion, do you consider this a common practice when there is a dispute over a contractual obligations that awaits resolution in the courts?

Respectfully,
SbH
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