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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Dave B who wrote (40375)	4/19/2000 5:33:00 PM
From: jhg_in_kc	Read Replies (4) \| Respond to of 93625

Read this FUDsters. Hitachi in deep kim-shee. April 19, 2000 ITC INSTITUTES SECTION 337 INVESTIGATION ON CERTAIN SYNCHRONOUS DYNAMIC RANDOM ACCESS MEMORY DEVICES, MICROPROCESSORS, AND PRODUCTS The U.S. International Trade Commission (ITC) has voted to institute an investigation of certain synchronous dynamic random access memory devices, microprocessors, and products containing same. The products at issue in this investigation are SDRAM devices and microprocessor chips that are used in computers and other electronic products, including some video game consoles. The investigation is based on a complaint filed by Rambus, Inc., of Mountain View, CA, on March 23, 2000, and supplemented on April 4, 2000, and April 12, 2000. The complaint, as supplemented, alleges violations of section 337 of the Tariff Act of 1930 in the importation into the United States, the sale for importation, and the sale within the United States after importation of certain SDRAMs, microprocessors, and products containing same that infringe patents owned by Rambus, Inc. In its complaint, Rambus requests that the ITC issue a permanent exclusion order and a permanent cease and desist order. The ITC has identified the following companies as respondents in the investigation: Hitachi, Ltd., of Tokyo, Japan; Hitachi Semiconductor (America), Inc. of San Jose, CA.; Sega Enterprises, Ltd., of Tokyo, Japan; and Sega of America, Inc., of San Francisco, CA. By instituting this investigation (337-TA-431), the ITC has not yet made any decision on the merits of the case. The case will be referred to the Honorable Debra Morriss, an ITC administrative law judge, who will schedule and hold an evidentiary hearing. Judge Morriss will make an initial determination as to whether there is a violation of section 337; that initial determination is subject to review by the Commission. The ITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the ITC will set a target date for completing the investigation. ITC remedial orders in section 337 cases are effective when issued and become final 60 days after issuance unless disapproved for policy reasons by the President of the United States within that 60-day period.