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Rambus goes nuts in may

Holy Candice Marie!?!
Tue Feb 06 2007, 09:07
SHARES OF Rambus (tick:RMBS) went crazy in an upward direction yesterday after the feds didn't kneecap the firm as much as shareholders had feared.

The feds said that Rambus had a monopoly on memory tech and misled the Jedi (JEDEC) over memory standards the industry group was trying to set.

The FTC capped royalties that Rambus wants on four different memory designs, but spared the IP company a kneecapping on recent memory designs.

However, Rambus, which knows lawyers better than most, will appeal against the limited kneecapping that the FTC imposed. It was ever thus.

RMBS shares flipped up $4.58 yesterday, closing at $23.50. µ

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