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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (38860)	1/29/2003 3:01:30 PM
From: Johnny Canuck	Read Replies (3) \| Respond to of 71174

Tim, I still have some shares from the old days in my investment account. They were gambling shares bought before all the hype the first go around. From memory, they were profitable last Q and have signed new licensing agreement for new products. I don't think any of the agreements have been suspended. The declining price of RAM has just depressed the royalty stream. The fact is the memory makers are still losing money and there is no pricing traction. I would expect a lot of bouncing in this stock as it has been a shorters dream stock. It is still driven by what happens in the courts and as we have seen in this fist go around you never know what the courts will do. This ruling just re-ignites the debate. They still have to go back to court to re-trial the original case again. It is only when IFX negotiates a deal or loses does the doubt go away. There are still pending cases in Europe also. This ruling clears the way from them to re-start. This ruling also means RMBS will be spending more money on lawyers, so I would expect them to go into a lose position in EPS going forward. This is one volatile stock. Trade the bounces to the upside and stay close to the exits.