Rambus (RMBS)

[treowth]

<Regarding the options backdating: Despite having occupied ourselves with that problem for most of the last three or four months, we will soon realize that we just wasted a lot of time, energy and emotion. In a matter of weeks now, we will get the results of the investigation, and most likely it will prove to be a minor and passing problem.>

Respectfully I disagree with "minor and passing".

Misdating is another nail in the coffin of shareholder disrespect, yes even abuse by the directors and officers. The Ramboids (who hang on) may all be wealthy one day, but I for one, well never feel sorry for how hard the directors and officers had to work / litigate to be rewarded for the IP . . . the moral high ground was lost by their greed and their slowness in coming clean.

I hold out hope that the slowness is due to a non Rambus employed party . . . perhaps, Rambus has fashioned a method of payback for which they have requested an IRS determination letter. I want to think good things, but the silence only allows me to imagine . . . and I imagine laughter and empty Coke cans . . .