re: Charts
Look at the 5 Day and 6 Month Charts posted by eastunder.
It is going to be a long, slow slog back to 6, 8, and 10 given the 2Q guidance and the unlikely event of either Judge Whyte or Judge Robinson issuing their CAFC remand rulings any time soon. Sure appears the courts want settlements and will wait out the parties. Unfortunately, Rambus has no negotiating leverage with the AT litigation now lost. Any settlement with Hynix and Micron will be at a discount to the Samsung agreement. Hard to imagine discounted settlements will move the stock much beyond relief at lower litigation costs.
Unlike in the past when the stock recovered within days, weeks or months from its lows, absent a surprise OEM blockbuster product announcement or new license of size in any of the three business segments, or some other business partnership or buyout arrangement, there doesn't seem to be any catalyst on the one year horizon that might jump start the share price.
Rambus is range bound $4-6 for the foreseeable future, seems to me. Would like to be wrong.
Anyone see it differently?
Threejack
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