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 : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Murrey Walker who wrote (56849)1/29/2003 4:43:35 PM
From: Dealer  Read Replies (1) of 65232
 
Hiya Murrey.....Remember RMBS....?? Up 56% today.

Rambus Roars After Favorable Court Ruling

By K.C. Swanson
Staff Reporter
01/29/2003 04:35 PM EST
Click here for more stories by K.C. Swanson

Shares of Rambus (RMBS:Nasdaq - news - commentary - research - analysis) soared by more than 50% Wednesday on news the company has received a favorable ruling in a patent case.

The stock jumped after a federal appeals court ruled that Rambus had not committed fraud in a dispute involving memory maker Infineon (IFX:NYSE - news - commentary - research - analysis), reversing the ruling of a lower court, according to a Reuters report.


The appellate court also revived Rambus' patent infringement claim against Infineon. The court requested that the case be heard again in a lower court, using parameters likely to bolster Rambus' case.

Shortly before the closing bell, shares of Rambus had leaped $3.83, up 52% to $11.27. Infineon dropped 7 cents, or 1%, to $7.23.

Hope all is well with you.

dealie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext