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

To: Bilow who wrote (77912)	8/24/2001 3:36:05 AM
From: NightOwl	Read Replies (1) \| Respond to of 93625

CB, It looks like the entertainment values around here are rapidly falling off. And if this Cat bounces before it hits $3 I'd check it for rubber if I were you. Purely in the interests of better programming, and with the abiding hope that the reruns of "Estephen's List" have finally been taken out of syndication; we offer this hopeful bedtime tale. The Bus Company - when all else fails. They can't be discharged for fraud liability in bankruptcy; but paying off the Fraud Claims and Legal Fees could easily wipe out their reserves and cause them to default on creditors, suppliers, employees, landlord, taxes and still force a bankruptcy. Not that this is how our story will end. I suspect that the sounds of silence out of Los Altos is an indication that they are busily searching for a way out. Gone are the promises to fight to the death. No longer are they assuring shareholders that "their" IP must be protected. Just like they knew long before Mom & Pop that DRDRAM was "Dead, Dead, Dead;" they now know that RMBS is finished. The only thing left for the malefactors is to attempt to salvage as much of the Treasure as possible. In sum, they no longer have time for PR. They are in the "Bunker" phase of "The Business Plan." Either they get to walk with enough goodies to keep them in the style to which they are accustomed, ...or they take everyone down with them. So you ask: "How the heck do they get out of this mess and hope to keep anything?" The easy answer is simply that they don't. That they just roll over and die. But try as I might, I just can't see Tate playing sax in a Bart station for tips. I think he and the other individual defendants will be willing to do just about anything to avoid that fate. And by that I don't mean that they are likely to be Pee'n Their Pants desperate. No, just completely stressed out by contemplating the best Bart station for panhandling purposes; while maintaining an outward appearance appropriate to the Lords of SillyCon Valley. That stress, in turn, will no doubt heighten their natural personality traits; i.e., the tendency towards egomaniacal delusion and a need for world domination. In this condition, they will find it impossible to go on living without the security of a suitable person or persons, as yet unidentified, to blame for their "unfortunate" condition. Mom & Pop will suggest that this role be filled by lawyers. Not just those whose advice RMBS apparently chose to ignore, but all the attorneys who did such a "poor" job at presenting their legal case(s) as well as all the hordes of attorneys now descending on the carcass. Cries of "Ambulance Chaser" and rumors of massive recoveries from legal malpractice insurers will circulate far and wide. But, alas Tate & Co., will not be so far round the bend as to suppose that they could actually make that one fly, and in the end they know that in order to get out of this mess they will need all the legal help they can get. Thus the search will continue. One thing that they will definitely not be able to do is go to trial in the other US patent/fraud cases or in the class actions, the risks are too great and they will lose what little leverage they now have. Indeed they must already realize that the only leverage they have left in this whole thing stems from one thing and one thing alone: The secrecy surrounding their long standing arrangements with INTC. That "secrecy" may have been relatively safe in the high speed, low publication District Court in Richmond. IFX would have little interest in pursuing any Happy Trails of evidence that lead to Sugar Daddy's door and the rocket docket does not allow for the normal, chartered "fishing" expeditions in discovery that one finds in many jurisdictions. Just as the privileged legal documents first came to light in the Hynix suit. The longer RMBS plays this game of SUE THE _ _ _ _ _ _ _ _!, the more likely it is that Hynix, MU, or more likely, class counsel, will find some basis for getting the Justice Department's full attention. If, I am right about there being some "juicy bits" tucked away in the sands of Santa Clara, and class counsel are as irreverent as I imagine, you won't see another trial and you won't see The Bus Company roll over and die. What you will see is one of the greatest spin jobs of all time, and the most convoluted take over in history. ...All of which will be made possible by the deep, deep pockets of INTC. To make this work the price of The Bus Company shares must be incredibly cheap. Just how cheap? The world can only watch and wait. I do not know. But the cheaper the better as far as INTC is concerned. So if the silence goes on, the price keeps falling, and the Cat won't bounce? ...Don't be surprised if INTC rides in to save the industry from this unfortunate distraction by which, unfortunately and unknowingly, it too was duped. ...Well you can be just a tad surprised. ...As long as it 'aint "shocked surprise" I guess its OK. The End 0\|0