Don't fret too much for Rambus. They set up these bait and switch intellectual property grabs intentionally so they can knock em' down quickly for profit. They have been doing this for years, it's their modus operandi.
"Rambus, the inventor of all dynamic computer memory, has had its IP stolen by the DRAMurai and it wants to get paid for its invention."
It was NOT stolen. It was more like a bait-and-switch con job. Rambus attended the JEDEC meetings regarding the adoption of DDR1 as a standard and offered up the technology for use after having already applying for patents on it which they did not mention. Once it was adopted they then said, "by the way, we have patented that technology and here's what the royalty terms are..." That is what started the legal battles.
Personally, I am damned glad to see Rambus get in the ass and I hope the courts do NOT let them off easy !
I am most definitely a proponent of innovation and intellectual property rights but in this instance Rambus is trying to a pull of a swindle and I find it and them detestable.
Obviously Rambus and its lawyers didn't read 18USC1519 which makes it a criminal felony a la Enron now "Section 1519 makes it a crime knowingly to destroy a document with the intent to obstruct or influence “the investigation or proper administration of any matter within the jurisdiction of any department or agency of the United States . . . or in relation to or contemplation of any such matter or case.” destruction of documents that would be produced in the course of litigation in federal court fall within this new provision included in Sarbanes-Oxley. Wonder who on Rambus's board of directors and what company officers need to pack their toothbrushes. pk de cville obviously isn't familiar with the new criminal penalties for obstruction of justice. What you get for practicing law without a license or using civil attorneys who are unfamiliar with the US criminal code. Maybe he/she should go along for company to the Federal Bureau of Prisons.
Can we be as done with RAMBUS now as we are with SCO? They can easily be prosecuted for fraud now, since it can be proven that their entire strategy to sue was created before they even approached the DRAMurai about licensing. Maybe the DRAMurai should gang up on them now and sue them for fraud so they can be put out of their mysery. In After hours trading, RAMBUS is down to $11.36. LOWER PLEASE??
Couldn't have happened to a nicer company. Finally what goes around is now coming around, and I can't think of one company that deserves it more. I hope the trend continues and Rambus' Profit-by-litigation business model is finally put out of business. Here's a little history for the uninformed: http://www.gtwassociates.com/alerts/Rambus.htm Coincidentally Rambus dropped out of the JEDEC standards body/committee right around the same time a similar patent case was found against Dell.
pk de cville:
"Rambus, the inventor of all dynamic computer memory"? Rambus were founded in 1990. Dynamic RAM was invented by IBM in 1966. You are wrong.
Regarding Rambus, ISTM that they are lucky to escape jail. Shredding stuff youre legally required to keep and then lying about it on oath sounds like a pretty major contempt of court to me.
They certainly seem to lead a charmed life, dont they?
Funny, I was at a tech training conference at the residence inn behind the rambus headquarters and we noticed a huge shredding truck parked in front of it every day.
Rambus, the inventor of all dynamic computer memory, has had its IP stolen by the DRAMurai and it wants to get paid for its invention. Sort of like Thomas Edison and electric bulbs. Heard of him?
Pretty simple really except for a few dense judges and the FTC (all reversed so far).
This will work out in the end. Have your reporters follow this story. It will end very well for Rambus and its investors.
(As a resource for those who are interested, look at investorvillage.com)
The only winners in this battle are lawyers. Guess who is laughing now.
You sir, are a troll. Go back to Slashdot where you belong and let people who deal in facts discuss in peace over here.
I agree with most others who posted.
Don't fret too much for Rambus. They set up these bait and switch intellectual property grabs intentionally so they can knock em' down quickly for profit. They have been doing this for years, it's their modus operandi.
"Rambus, the inventor of all dynamic computer memory, has had its IP stolen by the DRAMurai and it wants to get paid for its invention."
It was NOT stolen. It was more like a bait-and-switch con job. Rambus attended the JEDEC meetings regarding the adoption of DDR1 as a standard and offered up the technology for use after having already applying for patents on it which they did not mention. Once it was adopted they then said, "by the way, we have patented that technology and here's what the royalty terms are..." That is what started the legal battles.
Personally, I am damned glad to see Rambus get in the ass and I hope the courts do NOT let them off easy !
I am most definitely a proponent of innovation and intellectual property rights but in this instance Rambus is trying to a pull of a swindle and I find it and them detestable.
Obviously Rambus and its lawyers didn't read 18USC1519 which makes it a criminal felony a la Enron now "Section 1519 makes it a crime knowingly to destroy a document with the intent to obstruct or influence “the investigation or proper administration of any matter within the jurisdiction of any department or agency of the United States . . . or in relation to or contemplation of any such matter or case.” destruction of documents that would be produced in the course of litigation in federal court fall within this new provision included in Sarbanes-Oxley. Wonder who on Rambus's board of directors and what company officers need to pack their toothbrushes. pk de cville obviously isn't familiar with the new criminal penalties for obstruction of justice. What you get for practicing law without a license or using civil attorneys who are unfamiliar with the US criminal code. Maybe he/she should go along for company to the Federal Bureau of Prisons.
Can we be as done with RAMBUS now as we are with SCO? They can easily be prosecuted for fraud now, since it can be proven that their entire strategy to sue was created before they even approached the DRAMurai about licensing. Maybe the DRAMurai should gang up on them now and sue them for fraud so they can be put out of their mysery. In After hours trading, RAMBUS is down to $11.36. LOWER PLEASE??
Time to have Bacon and Eggs, as rambus stock will soon be cheap like eggs.
hmmm but if I had rabus stock i would shred that then use it as kitty litter. As having rambus stock is a shitty deal.
Couldn't have happened to a nicer company. Finally what goes around is now coming around, and I can't think of one company that deserves it more. I hope the trend continues and Rambus' Profit-by-litigation business model is finally put out of business. Here's a little history for the uninformed: http://www.gtwassociates.com/alerts/Rambus.htm Coincidentally Rambus dropped out of the JEDEC standards body/committee right around the same time a similar patent case was found against Dell.
pk de cville:
"Rambus, the inventor of all dynamic computer memory"? Rambus were founded in 1990. Dynamic RAM was invented by IBM in 1966. You are wrong.
Regarding Rambus, ISTM that they are lucky to escape jail. Shredding stuff youre legally required to keep and then lying about it on oath sounds like a pretty major contempt of court to me.
They certainly seem to lead a charmed life, dont they?
Funny, I was at a tech training conference at the residence inn behind the rambus headquarters and we noticed a huge shredding truck parked in front of it every day.
Some days chicken. Some days feathers.
Rambus, the inventor of all dynamic computer memory, has had its IP stolen by the DRAMurai and it wants to get paid for its invention. Sort of like Thomas Edison and electric bulbs. Heard of him?
Pretty simple really except for a few dense judges and the FTC (all reversed so far).
This will work out in the end. Have your reporters follow this story. It will end very well for Rambus and its investors.
(As a resource for those who are interested, look at investorvillage.com)