SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Buckley who wrote (43767)6/21/2001 8:17:53 PM
From: Gary L. Kepler  Read Replies (2) of 54805
 
Mike, re: RMBS

Recently bought a starter position to encourage my due diligence. A price under $12 and market cap of around $1.0 B seemed reasonable. Intel is only now ramping up the P4 and Sony's Playstation II seemed to be doing well until recent news of weakness. The prospect for RDRAM initially seems bright and sales may tornado, if Intel continues to provide strong support.

The fraud trial (which only concerns SDRAM and DDR) still troubles me because the judge would not allow the Doctrine of Equivalents to be used which apparently was the planned defense prior to the adverse Marksman ruling just before the trial. It is unclear whether Rambus will be successful on appeal. I am encouraged by the court's expert witnesses in Italy who seem to imply that RMBS does have a strong case there. In any event, I am disregarding any benefit of royalties on SDRAM or DDR.

(As an aside, it seems that the legal system is not strongly standing behind patents and that IP protection is eroding. I am glad to hear that the Supreme Court will hear a case that perhaps can restore historical reliance on the Doctrine of Equivalents for the protection of QCOM, ARMHY and others.)

The RMBS thread here is tedious. The takeaway is that the RDRAM ramp has been so slow and difficult, the window of opportunity may be closing. RDRAM may never realize it's potential. Other technology (perhaps DDR or 2 other types) may be faster and have a lower cost.

In summary, rather than add to my position at these cheap(er) levels, I am inclined to stand back and perhaps walk away sometime in the next six months or so.

Sorry for being so verbose. Were you able to make any progress on your due diligence or did you just decide to stand aside?

Your thoughts are most appreciated, as has been the discussion by others on this thread.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News