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View Full Version : Rambus loses, stock drops 39% in one hour


PrntRhd
01-10-2009, 03:00 AM
Rambus loses a court ruling, Micron does not have to pay.
http://arstechnica.com/news.ars/post/20090109-rambus-suffers-major-legal-setback-stock-drops-39-percent.html

Basically Rambus got caught shredding most of their documents concerning the memory specification process. They had attended meetings to define memory standards, then filed for patents on the discussed subjects. The court was not amused by the shredding, and ruled Rambus could not profit from their actions.

mjc
01-10-2009, 03:37 AM
And there was much rejoicing...

39% in an hour?

I would have liked to have seen 93%, but I'll take it any way. Hmm...three more upcoming trials over roughly the same issue. 39% x 3...117%? (Can we hope????)

If any company deserves to be taken apart piece by piece, it is RAMBUS...their tactics were, in my book, beyond 'shady'...industrial espionage is more 'morally acceptable' than what they did. Heck, the Borgias may have even looked upon RAMBUS's actions with more than a little distaste.

PrntRhd
02-03-2009, 02:34 AM
Another shoe about to drop, Micron will have to pay Rambus nothing.
http://arstechnica.com/business/news/2009/02/judge-to-spank-rambus-in-patent-suit-for-destroying-evidence.ars