Rambus (RMBS)

[Skeptic]

Rumor that company will be acquired buy one of companies involved in Lawsuit.

If JAGfn.com is going to throw out crazy rumors, they could at least get their grammar correct (i.e. buy instead of by).

Only clowns like Threejack and me think Rambus is worth 1.32 billion when litigation expenses are surging and revenues are shrinking. Samsung revenues are gone, Intel revenues are set to disappear next year, Rambus still hasn't resigned Toshiba and Hitachi, and Elpida pays fixed royalties. The EU, the FTC, Micron, Hynix, and Samsung all want to bury Rambus and according to the experts (Elixe), XDR will never (hyperbole) see the light of day on a PC. And how about Nvidia and ATI - aren't they using Rambus technology for free. What's not to like? Oh - I forgot - the rampant insider selling.

Treowth - I know you think it's laudable that our new CEO is holding those shares but true confidence would be Harry not selling any (even for tax reasons). He hasn't invested anything in those shares - no risk capital - so who cares if he doesn't sell.

Man - how did I get on this tirade...

oh yes - the rumor - if you throw the word rumor out there, it gives you license to make up any story you want. It's all about disclosure.

Anyway, the only entity I see acquiring Rambus (note I'm not saying buying) is the US government however they would call it a seizure of property, pay Rambus nothing, and then distribute the technology to Micron for free.