PTSC from RB! By: aggie9518
27 May 2005, 10:47 PM EDT
Msg. 73715 of 73718
(This msg. is a reply to 73706 by Captain_Hype.)
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Captain: Funny how a rise in SP brings out all the riff-raff. Anyway, I have followed this closely and here is what is known. There was a CMC (court mandated conference) this week between PTSC and Intel over the patent lawsuit. Both side requested a postponement of two weeks (June 10) because they are in settlement talks. This is all that was said until someone can point me to the link saying something different.
Also known,is that AMD purchased 4 mil shares of PTSC in addition to licensing its products. The spokesman for AMD said a reason was to protect AMD from Intel. Lots of speculation as to what this was referring to. Possibly, Intel buying PTSC and owning the disputed patents. Pure speculation at this point until I see a link saying otherwise.
Everything else you read is pure speculation at this point. No one knows what type of settlement talks, or how much of a settlement is being discussed.
