Rambus stock just halted!

[Doggiedog]

Wonder what is going on. I'll let you know when I find out the details!

 

[Doggiedog]

Morgan Stanley, Rambus' biggest humper just downgraded them to Neutral from Buy!

(Points finger) Ha ha!

 

[glenn1]

halt has been lifted, trading resume at 15.40, but going down....

Correction: halt not lifted, ticker only adjusted to reflect last trade at 15.50

 

[Hamburgerpimp]

A Judge threw out the case against Infineon in Germany. I'll search for a link.

 

[Doggiedog]

For all you traders out there Micron is starting to run now.

 

[Hamburgerpimp]

Infineon reports:
?(The Markman) testimony was that the rambus patent is a multiplex bus, and that we don?t use the multiplex bus in our SDRAM or DDR products,? the source said. ?It means that because we don?t use the multiplex bus they use in their patents?we are not in violation of their patents.?

Micron Technology Inc. and Hyundai Electronics Industries Co. Ltd. use the same bus architecture as Infineon.

Rambus would not comment for this story.

 

[Adul]

Rambus will find another way to sue them. :|

 

[glenn1]

from Marketwatch, RMBS to resume trading at 3:40 EST...

 

[StageLeft]

Poor Poor rambust. Didn't it used to trade for like $230 or something? And I don't think its had any splits!

 

[Doggiedog]

Ok let's see what it will open at!

I'm guessing $8!

 

[glenn1]

10 15:35 trade time

 

[Doggiedog]

Yup indicating 10!

 

[Doggiedog]

Opened at $14

 

[glenn1]

holy crap, everytime i check the RT quotes, the volume goes up another 100k shares.... over 1.5M shares in 4 minutes...

 

[SSP]

WOO HOO!

 

[glenn1]

13.78 last check, will be over 10M shares by the time i hit post

 

[glenn1]

Holy crap!!! 100 shares at bid, 1,000,000 at ask!!!!

 

[Thorn]

RMBS is buying it back. Smart move on their part to try and avoid panic sales.

 

[Hamburgerpimp]

 

[LadyNiniane]

<< A Judge threw out the case against Infineon in Germany. I'll search for a link. >>



Here you are.

Lady Niniane

 

[Hamburgerpimp]

Thanks, damn I went to CNET, too.

 

[SJ]

Actually Rambus had a 4:1 split about a year ago. Didn't they have some insane share price of $350 or so at one point?

 

[sandorski]

If Rambus is buying up their own shares, stay tuned. Rambus TP can't be far from going to market!

 

[JellyBaby]

Infineon might be interested in buying up the residue.