The Haus

Friday, March 16, 2001

RAMBUS Ruling Revisited

The Motley Fool (free registration required) reports that yesterday's article in the Electronic News (story) was not accurate. No preliminary ruling was made in the RAMBUS case, although one is expected. The false news caused RAMBUS' stock to drop 33% yesterday, slicing $1 billion in market cap.The EN article has been updated to reflect this news.

RAMBUS' stock is off another 4 11/16 today, another 20% drop. I'm not shedding too many tears over this, but I would rather have the company fail due to its anticompetitive business practices rather than inaccurate news reports.

News for 03/16/2001

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