Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Don Green who wrote (67867)	3/15/2001 8:40:41 PM
From: REH	Respond to of 93625

Dow Jones Online News, 03/15/2001 19:41 Judge Rules Infineon Can Voice Racketeering Allegations at Rambus Trial Michael Buettner Dow Jones Newswires RICHMOND, Va. -- A federal judge ruled Thursday that Infineon Technologies AG can tell jurors of racketeering allegations against Rambus Inc. when Rambus' patent-infringement lawsuit goes to trial. Rambus is suing Infineon for alleged patent infringement concerning computer technology. In response, Infineon counterclaimed that Rambus violated the Racketeer Influenced and Corrupt Organizations law. In an effort to keep such accusations out of the trial, Rambus had asked Judge Robert E. Payne for a summary judgment concerning Infineon's counterclaim. But Judge Payne decided not to render summary judgment, thus opening the window for Infineon to bring up the RICO allegations during the trial. Judge Payne's order was entered into the case record Thursday but was unavailable for public inspection. The case is scheduled to go to trial March 20. ElectronicNews.com, published by Cahners, reported Wednesday that Judge Payne had decided to limit the scope of Rambus' patent claims. The article quoted an unnamed source who said Judge Payne had agreed with Infineon's expert witnesses that Rambus' patents don't cover certain Infineon products. Court records indicate that a hearing was held Wednesday on motions by Rambus to exclude testimony by two expert witnesses called by Infineon. No orders on those motions had been issued by late Thursday, and the federal district court clerk's office said none are expected today. Rambus filed suit against Infineon last year claiming that the German-based company had infringed Rambus' patents on dynamic random access memory semiconductor connection systems. Infineon subsequently filed a countersuit against Rambus claiming RICO and antitrust violations. In 4 p.m. EST trading on the Nasdaq Stock Market, Rambus (RMBS) shares fell $11.26, or 32%, to $24.09, in apparent reaction to the ElectronicNews.com story. Volume amounted to 20.2 million shares, up from average volume of 3.1 million. Infineon (IFX) fell five cents, or 0.1%, to $35.50 in light volume on the New York Stock Exchange. Write to Michael Buettner at Michael.Buettner@dowjones.com Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved