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: blake_paterson who wrote (71473)	5/1/2001 7:34:44 PM
From: Don Green	Respond to of 93625

Court Ruling Sinks Rambus’ Stock By Steven Fyffe, Electronic News -- 5/1/01 3:44:00 PM Electronic News Rambus Inc.’s stock dropped to a 52-week low of $15.20 during trading today on news that a federal judge had thrown out all but three of its 57 patent-infringement claims against Infineon Technologies AG in a Richmond, Virginia trial. The stock rebounded somewhat to $15.70 at the close of the market today. In a ruling from the bench Monday, U.S. District Judge Robert Payne dismissed a separate claim of willful infringement against Infineon (nyse: IFX) and asked both sides to submit briefs on Infineon’s request to throw out the remaining claims, according to the Richmond Times-Dispatch newspaper. Los Altos, Calif.-based Rambus’ (nasdaq: RMBS) case may have shrunk, but it has not disappeared yet. “You can look at it as the glass being half full or half empty,” said Gary Harmon, Rambus’ soon-to-retire chief financial officer, Bloomberg reported. “We have three strong claims remaining in two patents.” If you prove one claim, “you've won your case,” Harmon said. Rambus finished presenting its case on Monday. Infineon’s lawyers will now present their evidence to the jury, as they try to prove Rambus improperly patented parts of the SDRAM standard being developed by the Joint Electron Device Engineering Council (JEDEC). Rambus is suing Infineon for royalties on the SDRAM and double data rate (DDR) memory it makes. Other DRAM makers are resisting Rambus’ royalty claims. Seoul, South Korea-based Hynix Semiconductor Inc. and Boise, Idaho-based Micron Technology Inc. (nyse: MU) both have lawsuits against Rambus pending in the United States.