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Learning from the big Blue..here's my stock list for this week..
what do u think blue? :)
Disclaimer: The moderators and the assistants recommend investors
FTEK another solid play..
from the FAT CAT board :)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22908183
DITC looks like a solid play for this week :)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22908091
TWB - Share buyback..
Tween Brands Inc. on Friday said it expects the benefit of a newly authorized accelerated share repurchase program to boost third and fourth quarter earnings. Shares of the apparel retailer rose $2.41, or 8.8 percent, to $29.96.
Hot Stocks of the Week: KMA IMCL CRDC
Friday September 14, 6:00 pm ET
KMG America Climbs on Acquisition by Humana; ImClone Systems Jumps on Drug News
NEW YORK (AP) -- Acquisitions and drug news played major roles for some of the most widely traded stocks of the week.
Shares of KMG America Corp. recorded big gains after health insurer Humana Inc. said Friday it agreed to buy the insurance benefits company for about $137.7 million in cash, or $6.20 per share.
The stock jumped 66 percent to close at $5.81 on Monday on around 37 times average trading volume.
Shares inched slightly higher Tuesday, and trading volume remained above normal, but declined as the week continued. KMG's stock declined 3 cents to $5.86 Friday and finished around 68 percent higher for the week.
Shares of ImClone Systems Inc. rallied 18 percent on Tuesday, after the company said a late-stage study showed its drug Erbitux improved survival for lung cancer patients, and a Bear Stearns analyst upgraded the stock. Shares hit a 52-week high of $47.22 earlier in the trading session with volume around 13 times its average.
Shares declined steadily as the week continued, but trading volume jumped on Friday when a Friedman Billings Ramsey analyst downgraded the stock, saying that experts believe they will probably not use the company's Erbitux to treat most cases of lung cancer.
On Friday, shares declined $4.46, or 10.3 percent, to $39.02, but still finished 3 percent higher for the week.
Cardica Inc. shares surged Wednesday, after its device used in heart surgery was approved for sale in the European Union. Its C-Port Flex A system is designed to automatically attach blood vessels and grafts during less-invasive heart-bypass operations.
The stock climbed nearly 16 percent to $9.99 in trading volume more than 24 times greater than the stock's 100-day average.
Trading volume and shares settled as the week continued. The stock lost 23 cents, or 2.4 percent, to $9.18 on Friday, but still finished around 6 percent higher for the week.
Shares of General Motors jumped Thursday when a Citi Investment Research analyst upgraded the stock to "Buy" from "Sell." Analyst Itay Michaeli was upbeat on expectations of positive results from contract talks with the United Auto Workers and progress in the Detroit company's restructuring. GM shares rose $3.04, or 10.1 percent, to $33.29 in nearly 38 times average trading volume.
On Friday, the stock rose 93 cents, or 2.8 percent, to $34.22, still in above average trading volume. Shares finished on Friday around 13 percent higher for the week.
Tween Brands Inc. on Friday said it expects the benefit of a newly authorized accelerated share repurchase program to boost third and fourth quarter earnings. Shares of the apparel retailer rose $2.41, or 8.8 percent, to $29.96.
More on CREE..
What's ur take negger0? tia
Posted by: analyzethis
In reply to: EricVan who wrote msg# 10
Date:9/16/2007 10:09:32 PM
Post #of 11
one of ther execs posted a D form 4 around the time of that post. It was also reported on CNBC news that others were doing the same on the GE rumour runup but we haven't seen any other Form 4's yet.
So that rumor is fake hein? hmm..interesting thanks for the info :) oh..do u know any website where you can check insiders/buy and sell? tia
yupp...still a nice move IMO..Now it's up to the company to deliver the goods for a higher PPS.
ahh yes, sorry!
Are you in EXS? :) what's ur PPS projection? tia
are u long or short on RMBS? :)
CREE - If that rumor is true..
I would expect more buying..as of Friday..I saw one block of buying for over 1 million dollar...now I havent compared it to the other days..so...not sure of what it means....No doubt, it will be an interesting week for CREE :)
where do u see that? tia ;)
What's ur take on this?
Someone loaded over 6 million $ worth of stock in the last couple of days.....are they fool? ;) tia
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22908856
not sure for ALU but I would wait for a reversal before buying..did u see RMBS? buyout offer rumor by sun...then again, someone loaded 6 million $ worth of stocks in the last couple of days....CREE? hmm..let me pull up a chart...sounds interesting ;) Did u buy the stock or the option? cheers
What is ur take on the takeover rumor? What do u think of Rambus as a long-term investment? tia :)
I guess because it was off-topic ;) are u stil in DGIA?
Hi Serf, what is ur take on the RMBS tape on Thursday? (over 4 million dollar...in buying in ONE block..) tia :)
LOL -e-
RMBS - I think it's worth a closer look...
check the tape on Thursday..I also posted the tape on Friday on the FAT CAT board...Friday there was over 2 million in buying toward the close...but Thursday my o my...4 million $ in buying LOL..what's ur take? Im hearing the stock could be worth 100$ ++ this week end was a mediation week end too....hearing a settlement could come up....my take is to buy Long-term calls....just to be safe .....LMK what u think cheers :)
BRLC interesting..I also think it could bounce..the short covering started friday with the bottom around 3.75$ now according to one post on the BRLC board..we could see some dilution......and the CFO is out too.....so im still not sure of what to make out of this stock...what's ur take? tia
I see the gang is here :) Could this be the next TASR in the making? :)))
ARGG OG! Did u see LEV?? damn..it started reversing! :O
BRLC watch for the bounce IMO..40% shares shorted..
Over done IMO :) LMK what u think..cheers
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=22887460&txt2find=brlc
DO YOU GET MY THRUST?
Can you imagine a company that could increase its forward revenues 10 times over in a matter of months? What stock out there also has the potential to recoup 6 or 7 years of “lost” revenues in one court decision? Do you know of a company that can drop 80% of its revenues to the bottom line? What small company do you know of that has invented, patented, and licensed the technology that uncorked the “bottleneck” between CPU and Memory, but has had most of that technology co-opted by huge memory maker companies who joined together and went to war rather than pay licensing fees for the technology? The answer to all of the above is Rambus, Inc.
Every now and then a stock story rolls around that is so unique, compelling, and so well-positioned for rich rewards that it demands an investigation. Such is the complicated, Byzantine, mysterious, and heart racing tale of Rambus Inc. The (ram) bus-ride began in 1988 with a conversation over dinner between two brilliant EE professors, Mike Farmwald and Mark Horowitz. Their vision, mapped out on a napkin that night, would revolutionize computer communications.
CPUs were rambling along at 20 million cycles per second at the time. Professor Farmwald suggested that he could make them run at 500 million cycles per second. While CPU speeds were increasing rapidly, main memory (DRAM) speed was unable to keep pace. Over the next couple of years Farmwald and Horowitz solved the “performance gap” with a combination of inventions featuring “delay time”, “variable block size”, and “dual-edge clocking”.
Thus began Rambus who in the intervening years has given us RDRAM in the Pentium 4 & Sony Play station 2, and more recently XDR DRAM and I/O connectors providing all the memory synapses in the “cell” by IBM, Sony, and Toshiba. In fact, Rambus's chip-to-chip connections are incorporated into PC main memory, hard drives, networking, consumer electronics (Xbox, HDTV, etc.), supercomputers, and even cell phones and automobiles. And for most of this they receive no revenue……........…yet.
Why is this company of approximately 400 employees (mostly engineers) merely puttering along at roughly $20 a share? The answer is complex. It goes something like this. Most of the memory makers (eg.Samsung, Hynix, Infinion, and and Micron) loved the technology, but didn't want to pay for it. Rambus had revealed the secrets to them in ndas (non-disclosure agreements) around the time they filed their initial patent. What happened thereafter has been the subject of several lawsuits over the last six years.
Finally last year, in #2 of a three phase trial, Hynix was convicted by a jury in San Jose of infringement of Rambus' patents on 37 counts. Earlier in the year Rambus was victorious in phase #1 trial on Unclean Hands. Just as phase #3 was to begin in August a salvo was launched at Rambus by the FTC causing postponement of the conduct trial.
The FTC, at the behest of Micron and Hynix, had in 2001 brought antitrust charges against Rambus for allegedly subverted a standards setting organization (JEDEC) by supposedly tricking them into incorporating Rambus patents into their standards for SDRAM and DDR. The ensuing FTC trial before Administrative Law Judge (ALJ) Steven McGuire was the most extensive and expensive in the history of the FTC. The initial decision of 334 pages exonerated Rambus on every count, and even contained information which confirmed much of a parallel investigation going on in a sister agency, the Department of Justice (DOJ).
The DOJ investigation of the DRAM makers found significant evidence of collusion and price-fixing by Samsung, Infinion, Hynix, Micron, and others in the industry. To date in this ongoing DOJ probe there have been record fines paid by these companies (over 800 million dollars). They confessed to conspiracy in the DRAM market (in some cases actually including RDRAM, aka Rambus Dram). Isn't it strange how one branch of the federal government, the DOJ, can be convicting of felony the same companies who meanwhile petitioned another branch of government, the FTC, to punish one of the victims of their conspiracy?
Back to the August FTC salvo. It seems that after more than two years the FTC decided that their ALJ got it wrong in his ID. On appeal, they overturned the ruling that had cleared Rambus. They felt Rambus' failing to tell JEDEC of its impending patents didn't allow alternative work arounds for their technologies. Thus JEDEC incorporated them into their standards. The FTC finally issued their “remedy” for the supposed transgressions last week.
There is little or no precedent for the FTC setting rates that can be charged by a private company, but they did so anyway. They told Rambus that they could only henceforth charge .25% for SDRAM and .50% for DDR (these technologies are being phased out), and 1% for connectors. Also, they reluctantly stated they had no mandate to set rates for DDR's subsequent iterations DDR2 and 3.
Immediately Rambus stock price zoomed ahead 25% because not only was DDR2 exempted (next year the 30 billion dollar DRAM market is projected to be 80% DDR2), but also, the FTC tacitly conceded that Rambus' patents were valid by assigning a particular value to them. What does all this mean?
On Friday of this week, February 16th, Judge Ronald Whyte will make some crucial decisions in his court in San Jose, California. If he denies Hynix the right to import the findings or results of the FTC into the Phase #3 trial and sets a date for such, Rambus may finally obtain resolution on past infringement. Having lost on Phases #1 and #2 Hynix has had to escrow well over 100 million dollars. If they lose phase #3 their goose is cooked. If Hynix loses, the remaining cartel members are likely to go down too, except Infinion which has settled with Rambus.
Making matters worse for the memory makers is the possibility Friday that Judge Whyte sets the date for another trial, known as the DDR2 trial. This is a much stronger case for Rambus due to no FTC interference, and the fact that JEDEC & the memory makers could have worked around Rambus IP, but didn't. Rambus invented the technology for DDR2 long after leaving JEDEC. It's becoming increasingly probable that the cartel members must eventually seek settlement with Rambus.
Currin Research figures that settlements would render Rambus in a position to reap approximately 1 billion dollars per year in revenues from a 30 billion dollar DRAM market. Further, Rambus connectors, while bringing lower rates, apply to a much larger market and can be expected to generate a similar return. Remember, the FTC said Rambus can charge 1% for their connectors. Rambus has the potential in 2007 to bring closure to their infringement litigation. If so, the (ram) bus-ride will slip into thruster gear such as it did in its early days when it topped $400 per share.
As if all of this were not enough to confuse you there remains one monumental factor which I have not mentioned, the antitrust case. On April 12th there will come a Management Conference to set a date for the Rambus Antitrust Case against the memory maker cartel for their conspiracy against RDRAM. By the first week of March Micron will be required to release damning documents related to the DOJ investigation which will strengthen Rambus' already overwhelming antitrust case against those who allegedly colluded to destroy the company.
This trial date will be zero hour for many executives, former executives, and perhaps accomplices in the press who in the early years were so brazen as to send emails and hold meetings flagrantly conspiring to undermine Rambus and drive them out of the market. One of the classics is from Linda Turner, Micron vice-president, who in June of 2001 states in an email to other Micron employees, we “....have actually been requesting Infineon, Samsung, and Hynix lower their DDR pricing to help it become a standard (and drive Rambus away completely).”
If the resumption of the Phase 3 trial or the FTC remedy doesn't force the cartel members to settle with Rambus, maybe the embarassment and expense of being interrogated by Rambus attorney Joseph Cotchett in the antitrust case in Northern California will. That trial is on track to be heard in the summer of this year. This could be the year that the ram-bus finds its thrusters again. All aboard!
http://boards.fool.com/Message.asp?mid=25167403&sort=recommendations
Correct, IR has mentioned that it is in the work and it's only a matter of time before they get that approval. They HAD the approval before but without funding. NOW they do have funding so getting the FAA aproval is just a matter of time :) IMO
TVOG looks good Rainmaker ;) Have u had the chance to check BLTA?
new 52 weeks high..and some impressive DD available on the board..from the consensus so far..the stock could be worth anywhere btw 50 cents to 1$ before year end!...cheeers
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22897849
RMBS - Week end of Mediation...
that's also why the stock is going up...Sorry to cluster ur board with RMBS...Serf. I hope u dont mind lol!
This is what is most significant at present IMHO:
Mediation - What's different this time?
Ordinarily I would say that the odds that Rambus could reach a mediated settlement with one or more parties in a 2 day mediation session would be very remote indeed. But this time, we have several things that are different, so the odds have to be a little better than normal.
Here's what I think is different.
1. We have a top notch mediator with a proven track record for reaching settlements in difficult cases. He has reached some very complicated settlements in a two day session. It behooves every Rambus investor to read this article, which gives a roadmap of how Judge Weinstein will conduct mediation.
http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/1999/05/05/BU28785.DTL&type=print....
2. We have two courts that have withheld rulings to give the cartel one last chance to settle. The CAFC has yet to rule on the Samsung v. Rambus case, but all those that have listened to the audio of that case knows how that ruling will go. Likewise, all those who have read the briefs on the CE/PF issue in Judge Whyte's court know how that ruling will go as (especially when considering Judge Whyte's history in this very case for accepting collateral estoppel). The cartel knows that when these rulings come out after mediation, the price of settlements will only go up.
3. All parties were ordered to send senior executives with the authority to make deals in the mediation session. This is the first time that this has happened in Rambus mediations.
4. The cartel is facing trials in January 2008 and March/April 2008 where the probability of loss is very high, and the financial consequences pale in comparison to reasonable negotiated rates. I'm sure this will be one of the cornerstone's of Daniel Weinstein's mediation strategy (to show the potential monetary consequences the cartel will face if they don't settle).
5. Judge Whyte has "telegraphed" some issues to the cartel in recent case management conferences. Judge Whyte told the parties in open court that even if he is forced to take collateral estoppel from Judge Payne's ruling (which I now think is a snowball's chance in hell after attending the CAFC hearing) that a spoliation offense does not rise to level of voiding patents. IMO, this issue is now moot, but it provides some insight into Judge Whyte's thinking. Secondly, Judge Whyte has let the cartel know that the consolidated conduct trial will be conducted in a manner that the cartel will have to win conduct claims (regarding Rambus' behavior at JEDEC) on a claim by claim basis. Even if a few SDRAM claims are voided, I see no way that Rambus DDR claims can be voided because they were not in JEDEC when JEDEC started work on the DDR standard. Even Judge Payne sided with Rambus on this one.
6. Rambus has now won the spoliation trial in Judge Whyte's court, and they have won infringement on DDR. In fact, the jury voted (37-0) that all Rambus claims were valid, non-obvious, and infringed by Hynix.
7. The possibility of the FTC coming to the cartel's aid for DDR2 or DDR3 is now down the drain, and Rambus can even collect whatever the courts award or whatever the parties agree to on DDR sold before the FTC remedy in April. If the FTC ruling is overturned by the CADC, then basically there will be no effect on limiting royalties.
8. At least some key figures in US Government now realize that two Rambus inventors (Farmwald & Horowitz) invented the IP that is used in almost all memory...and we are allowing other manufacturers around the world to use the IP without paying. Somewhere in excess of 1 Billion per year should be going to Rambus (if you include controller royalties and system royalties it could be over 2 Billion), and the US government should be collecting their fair share of taxes on this IP.
9. IMO, Samsung wants out. I base this on what Samsung did when they settled with Tessera, Mosaid, and what they have done in the states Attorney General lawsuit. There are numerous ways for them to cut a deal with Rambus where any current non-licensed DRAM manufacturers will have to pay at least as much, if not more.
All this leads me to believe that there will be significant progresss made this weekend in NYC. While we might not know any details, it is my belief that Daniel Weinstein can work out a deal (or deals) within a couple of months. In the meantime, the courts will just keep making rulings that are favorable to Rambus. Shorts can't feel very comfortable going into this weekend.
JMHO,
NJ
http://boards.fool.com/Message.asp?mid=25899678&sort=postdate
Interesting read on RMBS..
More on RMBS..
The one and only Barry Watzman sounds off!
Hey, financial reporters .... eat it up; you are free to use this:
While market traders hypothesized about a rumor speculating that Rambus might be the object of a takeover by Sun, knowledgeable long-term investors on one popular investor board speculated on different reasons for the recent run-up in Rambus shares (from $12.05 to $17.76 in less than 30 days):
Rambus has been in an 8-year epic struggle to enforce it's patents on computer memory (almost 1,000 patents now issued or applied for). If the patents are valid and enforceable, Rambus would be the recipient of royalties on virtually all memory chips ... for computers, cell phones, digital cameras, video games, pretty much everything. The royalty income stream going forward would be approximately a billion dollars per year, not even including one-time back royalties on prior production dating back to 2000 (possibly with triple damages). That works out to about $10 per share per year, pure revenue with no associated costs.
Additionally, Rambus has a pending anti-trust case against the major memory industry players (in particular Hynix, Micron and Samsung) based on their actions to prevent Rambus' RDRAM memory from becoming the prevailing PC memory. This case is estimated, with triple damages, to be worth as much as $10 billion, and Rambus is widely believed to have "smoking gun" evidence in a case being litigated for Rambus by Joseph Cotchett, one of the premiere anti-trust litigators in the country. That could be a one-time windfall of as much as $100 per share.
Both trials (a consolidated infringement trial and a consolidated anti-trust trial) are now scheduled to occur in early 2008 (January and April). It is widely believed by those following the trials that Rambus' evidence in the anti-trust case is so strong, incriminating and damaging that the defendants in that case simply cannot allow that case to even go to trial. All 3 defendants have already plead guilty to US Dept. of Justice anti-trust criminal conspiracy charges, and Rambus is known to have received the evidence against them from the DOJ.
Now it has been learned recently from court documents that all parties and both courts (patent and anti-trust) have agreed to employ the mediation services of JAMS mediator Daniel Weinstein in an attempt to settle the whole mess, both anti-trust and patent cases, out-of-court. And, further, that there is a 2-day mediation session scheduled for this weekend.
On top of that, Rambus is one of many firms that has been facing potential delisting from the NASDAQ over delayed regulatory filings resulting from options backdating issues. However, in the past 30 days, Rambus has announced the conclusion of the options investigation by it's board's independent committee and outside investigators, and the settlement of shareholder litigation also related to options backdating. The company had said previously that it expected to file at least it's 2006 delinquent SEC forms by the end of the 3rd quarter, which is now only a couple weeks away. Thus, the delisting threat which the company has faced is also likely to soon be lifted.
Combining all of these events, and in particular the possibility of the mediation resulting in a global settlement of both the patent infringement and anti-trust issues in the relatively near future, the Rambus long-term investors simply surmise that enough people had figured out how undervalued the stock potentially was (at $12.05 in mid-August) to push the stock to a level more accurately reflecting likely and possible near-term outcomes.
http://boards.fool.com/Message.asp?mid=25899763&sort=postdate
RMBS More DD..
The one and only Barry Watzman sounds off!
Hey, financial reporters .... eat it up; you are free to use this:
While market traders hypothesized about a rumor speculating that Rambus might be the object of a takeover by Sun, knowledgeable long-term investors on one popular investor board speculated on different reasons for the recent run-up in Rambus shares (from $12.05 to $17.76 in less than 30 days):
Rambus has been in an 8-year epic struggle to enforce it's patents on computer memory (almost 1,000 patents now issued or applied for). If the patents are valid and enforceable, Rambus would be the recipient of royalties on virtually all memory chips ... for computers, cell phones, digital cameras, video games, pretty much everything. The royalty income stream going forward would be approximately a billion dollars per year, not even including one-time back royalties on prior production dating back to 2000 (possibly with triple damages). That works out to about $10 per share per year, pure revenue with no associated costs.
Additionally, Rambus has a pending anti-trust case against the major memory industry players (in particular Hynix, Micron and Samsung) based on their actions to prevent Rambus' RDRAM memory from becoming the prevailing PC memory. This case is estimated, with triple damages, to be worth as much as $10 billion, and Rambus is widely believed to have "smoking gun" evidence in a case being litigated for Rambus by Joseph Cotchett, one of the premiere anti-trust litigators in the country. That could be a one-time windfall of as much as $100 per share.
Both trials (a consolidated infringement trial and a consolidated anti-trust trial) are now scheduled to occur in early 2008 (January and April). It is widely believed by those following the trials that Rambus' evidence in the anti-trust case is so strong, incriminating and damaging that the defendants in that case simply cannot allow that case to even go to trial. All 3 defendants have already plead guilty to US Dept. of Justice anti-trust criminal conspiracy charges, and Rambus is known to have received the evidence against them from the DOJ.
Now it has been learned recently from court documents that all parties and both courts (patent and anti-trust) have agreed to employ the mediation services of JAMS mediator Daniel Weinstein in an attempt to settle the whole mess, both anti-trust and patent cases, out-of-court. And, further, that there is a 2-day mediation session scheduled for this weekend.
On top of that, Rambus is one of many firms that has been facing potential delisting from the NASDAQ over delayed regulatory filings resulting from options backdating issues. However, in the past 30 days, Rambus has announced the conclusion of the options investigation by it's board's independent committee and outside investigators, and the settlement of shareholder litigation also related to options backdating. The company had said previously that it expected to file at least it's 2006 delinquent SEC forms by the end of the 3rd quarter, which is now only a couple weeks away. Thus, the delisting threat which the company has faced is also likely to soon be lifted.
Combining all of these events, and in particular the possibility of the mediation resulting in a global settlement of both the patent infringement and anti-trust issues in the relatively near future, the Rambus long-term investors simply surmise that enough people had figured out how undervalued the stock potentially was (at $12.05 in mid-August) to push the stock to a level more accurately reflecting likely and possible near-term outcomes.
http://boards.fool.com/Message.asp?mid=25899763&sort=postdate
More on RMBS..
The one and only Barry Watzman sounds off!
Hey, financial reporters .... eat it up; you are free to use this:
While market traders hypothesized about a rumor speculating that Rambus might be the object of a takeover by Sun, knowledgeable long-term investors on one popular investor board speculated on different reasons for the recent run-up in Rambus shares (from $12.05 to $17.76 in less than 30 days):
Rambus has been in an 8-year epic struggle to enforce it's patents on computer memory (almost 1,000 patents now issued or applied for). If the patents are valid and enforceable, Rambus would be the recipient of royalties on virtually all memory chips ... for computers, cell phones, digital cameras, video games, pretty much everything. The royalty income stream going forward would be approximately a billion dollars per year, not even including one-time back royalties on prior production dating back to 2000 (possibly with triple damages). That works out to about $10 per share per year, pure revenue with no associated costs.
Additionally, Rambus has a pending anti-trust case against the major memory industry players (in particular Hynix, Micron and Samsung) based on their actions to prevent Rambus' RDRAM memory from becoming the prevailing PC memory. This case is estimated, with triple damages, to be worth as much as $10 billion, and Rambus is widely believed to have "smoking gun" evidence in a case being litigated for Rambus by Joseph Cotchett, one of the premiere anti-trust litigators in the country. That could be a one-time windfall of as much as $100 per share.
Both trials (a consolidated infringement trial and a consolidated anti-trust trial) are now scheduled to occur in early 2008 (January and April). It is widely believed by those following the trials that Rambus' evidence in the anti-trust case is so strong, incriminating and damaging that the defendants in that case simply cannot allow that case to even go to trial. All 3 defendants have already plead guilty to US Dept. of Justice anti-trust criminal conspiracy charges, and Rambus is known to have received the evidence against them from the DOJ.
Now it has been learned recently from court documents that all parties and both courts (patent and anti-trust) have agreed to employ the mediation services of JAMS mediator Daniel Weinstein in an attempt to settle the whole mess, both anti-trust and patent cases, out-of-court. And, further, that there is a 2-day mediation session scheduled for this weekend.
On top of that, Rambus is one of many firms that has been facing potential delisting from the NASDAQ over delayed regulatory filings resulting from options backdating issues. However, in the past 30 days, Rambus has announced the conclusion of the options investigation by it's board's independent committee and outside investigators, and the settlement of shareholder litigation also related to options backdating. The company had said previously that it expected to file at least it's 2006 delinquent SEC forms by the end of the 3rd quarter, which is now only a couple weeks away. Thus, the delisting threat which the company has faced is also likely to soon be lifted.
Combining all of these events, and in particular the possibility of the mediation resulting in a global settlement of both the patent infringement and anti-trust issues in the relatively near future, the Rambus long-term investors simply surmise that enough people had figured out how undervalued the stock potentially was (at $12.05 in mid-August) to push the stock to a level more accurately reflecting likely and possible near-term outcomes.
http://boards.fool.com/Message.asp?mid=25899763&sort=postdate
RMBS- Special situation..
stock..The rumor is a takeover offer is in the work...Looks like the market is buying it..On friday's tape someone loaded over 2 million buck of RMBS..
RMBS I think the rumor has more substance now..
when you look at the tape..over $2 million worth of buying at the close of the market...The tape knows all public and private info IMHO :) then again I could be wrong....What do u think Serf? tia cheers
investorsvillage.com under the RMBS board
Sefdom, do u ever play options with those stocks? seems that your predictions are right most of the time?! ;) cheers
About Rambus..
I just found this out..
This week in Rambus
10-K restatement can be marked off the list with the remaining 2007 earnings finalized during the October CC
I don't believe we'll see a buy-back until after the October CC
Monday Sept. 17
Possible CAFC ruling
Possible JW - CE ruling
Conduct Trial Expert Depositions finish - JW
Possible ruling wrt Samsung/Texas Instruments license agreement admitted - JW
Possible Global Solution Mediation news leak
Tuesday Sept. 18
Possible CAFC ruling
Possible JW - CE ruling
Possible ruling wrt Samsung/Texas Instruments license agreement admitted - JW
Possible Global Solution Mediation news leak
Intel Developer Forum
Wednesday Sept. 19
Possible CAFC ruling
Possible JW - CE ruling
Possible ruling wrt Samsung/Texas Instruments license agreement admitted - JW
Possible Global Solution Mediation news leak
Intel Developer Forum
Thursday Sept. 20
Possible CAFC ruling
Possible JW - CE ruling
Possible ruling wrt Samsung/Texas Instruments license agreement admitted - JW
Possible Global Solution Mediation news leak
Intel Developer Forum
Friday Sept.21
Possible CAFC ruling
Possible JW - CE ruling
Possible ruling wrt Samsung/Texas Instruments license agreement admitted - JW
Possible Global Solution Mediation news leak
Rambus opening brief - FTC Appeal
JW CMC - Rambus v Micron - Defendant's Motion to Strike or, in the Alternative, Stay Rambus's Infringement Counterclaims in Reply
JW CMC - Rambus v Hynix - Defendant Nanya's Motion to Strike
I will see if I can find anything...cheers
DITC - For Mr. Pincher ;)
this one comes from the Fat Cat Board..lots of pro of the big boards there :) cheers
nice stock Serfdom!! :)) Do you know what the takeover price is? tia
Thanks for showing me this stock Wes, looks very promising..I will keep a close eye on this one :) cheers