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

To: wgh613 who wrote (71963)	5/4/2001 7:27:52 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 93625

after hours trading is meaningless.

To: wgh613 who wrote (71963)	5/4/2001 7:57:32 PM
From: Wes Stevens	Read Replies (3) \| Respond to of 93625

Manny the funds and pros have gone home. This is mom and pop averaging down and praying.

To: wgh613 who wrote (71963)	5/4/2001 9:47:28 PM
From: Don Pueblo	Respond to of 93625

There is a good chance that those trades are makers that are cleaning their books up for the week. Many times after the market closes a trader discovers an error in his book. He has to balance his book out so he has to post the trade. This is the probable reason for any trade if the trade is printed away from the current bid and ask.

To: wgh613 who wrote (71963)	5/4/2001 11:13:54 PM
From: Dan3	Respond to of 93625

Re: explain to me how RMBS is trading after hours at a HIGHER price than the low of day It's pretty amazing. Most people may not know that Rambus did not lose their case. What happened is that the Judge reviewed their arguments and concluded that they had no grounds to even bring a case to the court. Rambus was told they had no legal claim to take to court, that their arguments had no basis in law. It just doesn't getting any worse than losing on summary Judgement. The spin in some of the mainstream stories was about Rambus appealing a decision that otherwise would have left them minting money. Here's the second paragraph of CNET's story. The stakes were high for Rambus. According to royalty rates revealed during the trial, Rambus is collecting close to $2 for each 128MB DDR DRAM chip sold by chipmakers--including market leader Samsung--that have signed agreements with the company. One analyst estimated Rambus could reap as much as $1 billion in royalty payments, retroactive over the past decade, if it was successful in its case againt Inifineon. news.cnet.com The reality, of course, is that after signing close to half the industry, Rambus made about $8 million last quarter, so $1 Billion was more of a drunkard's fantasy than a real possibility. But someone without much other knowledge of what's been going on might be hoping to catch a combination of buy the rumor sell the news and don't hold it over the weekend over reaction to get Rambus on a dip. I think this loss is going to hurt Rambus pretty badly. They were staring down DRAM companies one after the other and had started looking pretty invincible - but the first time they actually went to court, they got bounced out on their butts. They may even have to pay the other side legal fees! (that's something that's rare in the US) Even if Rambus does win something at some point, they're going to have to fight for every dime from now on. The memory manufacturers have had a taste of Rambus blood, and they're looking for more. The Rambus story is looking quite broken at this point. But to somebody who hasn't been following the stock, who just sees those headlines about what some reporter thinks they "almost" got, it might look OK. There isn't much time to think about it when the news shows up late on a Friday. There may be quite a few remorseful buyers once they've had the weekend to do a little research. Dan