Rambus (RMBS)

[lizvestor]

My favorite line of the article: ""This was a Rambus victory across the board and an even better result than I expected," said Cohen, who owns 500 shares of Rambus."

Rambus Wins Patent Victory

By Alexei Oreskovic
TheStreet.com Staff Reporter
4/24/2006 1:13 PM EDT


Rambus (RMBS:Nasdaq - commentary - research - Cramer's Take) won a major court victory Monday when a jury found that South Korea's Hynix Semiconductor infringed on the company's patents.

A federal court jury in San Jose, Calif., found that Hynix, the world's No. 2 computer memory maker, infringed on all 10 patents at issue, and awarded Rambus $307 million, according to Pacific American Securities analyst Michael Cohen, who has been attending the trial for the past month.

"This was a Rambus victory across the board and an even better result than I expected," said Cohen, who owns 500 shares of Rambus.

Shares of Rambus, which dropped sharply last week in anticipation of a verdict, were recently halted.