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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (20648)5/4/2001 5:33:53 PM
From: wgh613  Read Replies (1) | Respond to of 37746
 
RMBS,

For what it's worth,Bilow from the RMBS thread, sees RMBS as potentially going to single digits:

To:Scared but Hopeful who wrote (71938)
From: Bilow Friday, May 4, 2001 5:22 PM
Respond to of 71947

Hi Scared but Hopeful; Re possible next steps...
You're looking at this through rose colored glasses. You left off the next step that is already written in stone as being what will happen:

4. The memory makers who signed immediately stop payments, and ask for return of all SDRAM and DDR royalties already paid.

Then, if Rambus doesn't immediately cough it up, (which ought to be worth an earnings warning and a shareholder lawsuit), the memory makers involved, (Samsung in particular) are going to file suit against Rambus. This will probably happen within the next 30 to 60 days, and it will likely put the stock into single digits.

Even if you find some money accidentally, you still have to return it to its rightful owner, and the rule of law indicates that Rambus did not have rights to ask for those royalties. They will have to be returned.

-- Carl

P.S. You guys are aware that Samsung lawyers have been attending this trial, aren't you?



To: Wes Stevens who wrote (20648)5/4/2001 8:13:39 PM
From: GREENLAW4-7  Respond to of 37746
 
As a practicing ATTORNEY, I looked at the news on RMBS and placed my sell at 14.90 afterhours. Yes I got filled, and once the public reads that decision I believe RMBS may be FINISHED!

Their liability now is worse then it was before they filed. Now I know they will spin the appeal notion to its shareholders but look at what the expense of the action has already done to its financials.

RMBS could very well trade at 6-8 dollars in the very near future. They have to go down as one of the worst managment teams of all time!

Soft is correct, on any strength SHORT it monday!! I will!



To: Wes Stevens who wrote (20648)5/5/2001 8:49:45 AM
From: Softechie  Read Replies (3) | Respond to of 37746
 
RMBS I would let the masses do the talking next week and reassess from there. This once was high-flying stock so bottom-fishers are picking at it. I think just based on the court decision it may go even lower yet.