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To: Donald Wennerstrom who wrote (31860)8/2/2006 11:58:54 AM
From: Donald Wennerstrom  Respond to of 95567
 
Micron Applauds Federal Trade Commission Ruling on Rambus; Company Supports FTC`s Decision that Rambus Violated Antitrust Laws

August 02, 2006 11:38:09 (ET)

BOISE, Idaho, Aug 02, 2006 (BUSINESS WIRE) -- Micron Technology, Inc. (MU, Trade), today applauded the Federal Trade Commission's decision that Rambus, Inc., unlawfully monopolized the markets for four computer memory technologies incorporated into industry standards for memory computer chips.

The FTC announced that "through a course of deceptive conduct, Rambus was able to distort a critical standard-setting process and engage in an anticompetitive 'hold up' of the computer memory industry." The Commission ruled that Rambus violated federal antitrust laws, and the FTC has ordered additional briefings to determine the appropriate remedy for "the substantial competitive harm that Rambus's course of deceptive conduct has inflicted."

"We are pleased by the commission's decision today, which confirms Micron's position that Rambus illegally obtained monopoly power by deceiving members of JEDEC in the establishment of important standards in the computer chip industry," said Rod Lewis, Micron Vice President of Legal Affairs and General Counsel.

There are a number of lawsuits between Micron and Rambus, and Micron's complaints state that Rambus has engaged in a variety of illegal activities designed to injure Micron.

"Micron believes that Rambus has engaged in a pattern of deception, destruction of evidence, false testimony and other improper activities designed to mislead courts and Micron to extract unjust patent licensing fees or damages," said Lewis. "We will continue to vigorously advance those arguments, and the thoughtful ruling today by the FTC supports Micron's views."



To: Donald Wennerstrom who wrote (31860)8/2/2006 12:08:49 PM
From: Gottfried  Read Replies (2) | Respond to of 95567
 
Don, yes - it could be the analysts' fault. Since good bookings did not help the stocks this time, are we just to trust they will next time? Faith is a fine thing, but not in investing. Still holding AMAT and NVLS with a view of dumping during the January upside I expect.