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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 119.03-4.4%2:47 PM EST

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To: jim kelley who wrote (85827)3/14/2003 2:09:27 PM
From: Bilow  Read Replies (4) of 93625
 
Hi jim kelley; Re: "Reminds me of Ayn Rand and "Atlas Shrugged". These characters would easily fit into one of her novels. They can't innovate themselves so they steal from those who can in the name of a higher purpose...themselves."

Rambus didn't contribute a dime of effort to the DDR or SDRAM design efforts. It was Rambus who went crying like a baby to the government to get the corrupt government officials (patent office) to provide them money that they weren't able to earn in a free market. It was Rambus that signed secretive agreements with a monopolistic minded Intel with the intention of forcing an inferior memory technology on the world. It was Rambus that was started by college professors with no experience in the industry. Go back and read Atlas Shrugged again, and tell me what degrees Hank Reardon, the inventor of Reardon steel, had. If you will read the book you will find that he was a practical man of industry, not a pointy-headed intellectual teaching at Stanford. Similarly, John Galt was an obscure engineer, not a patent attorney.

I mean Jesus f'ing weeps. The people who keep this country moving are not employed by colleges, they're practical working men, and Ayn Rand's book is one of the best descriptions ever of them. Go back and read the book. You will find that the new inventions did not come out of the "chattering classes", but instead came out of industry. Go back and read it again, and when you post back to me, do a comparison of the c.v. of Hank Reardon (who worked his way up through industry) to the founders of Rambus.

The fact is that no one at Rambus ever got his fingers dirty in industry. That PT Newell guy that Rambus morons like to quote never designed a circuit board in mass production in his life. The only supporters Rambus had in industry were a few executives who were so distant from memory technology that they could be fooled by the same thin arguments that caught mom and pop.

-- Carl
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