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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 115.73+1.3%Jan 27 3:59 PM EST

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To: Ian@SI who started this subject4/13/2003 1:52:52 PM
From: jim kelley  Read Replies (2) of 93625
 
The latest filing by Rambus at the FTC website show very clearly the lengths that the cynical Sean Royall at the FTC is willing to got to to "punish" Rambus. Once again he he is trying to take away Rambus right to defend itself. The Latest Royall documents show him pleading with the judge to remember who he works by addressing his pleadings to the "institutional" issues. He is basically pleading to the judge to strip Rambus of its rights to self defense and to punish them with more than 100 adverse presumptions. He is arguing that the existing law be set aside to make special punishments for this 100+ man company.

In the documents you can see the evidence that Royall has been attempting to drive down the price of Rambus stock by leaking "false" stories to the press before Rambus or anyone else in an apparent effort to drive the stock price down. Why else would they leak the news to Bloomberg? I noticed the same thing happened during the Rambus' last conference. Then the "legal prostitutes" complain when Rambus defends itself in the press. This is "white trash" wearing a suit!

Royall needs to be investigated for violating SEC laws.
I am wondering if he has been betting against Rambus before each press release. His motives are highly suspect.

The FTC appears to have outlived its usefulness and has now become a cynical tool of special interests. The FTC needs to be investigated by congress, the GAO and the SEC IMO.
The law is being abused by the complaint council in ways that even outstrip Judge Pain.

JMO
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