Confusion Remains In Rambus Patent Cases (RMBS)
Rambus, Inc. (NASDAQ: RMBS) is by definition a patent troll. The company is constantly in lawsuits in the United States and in international courts with makers of DRAM and other aspects of memory in computers and devices. Today’s news sounds…
Rambus, Inc. (NASDAQ: RMBS) is by definition a patent troll. The company is constantly in lawsuits in the United States and in international courts with makers of DRAM and other aspects of memory in computers and devices. Today’s news sounds good on the surface, but perhaps this is just a more narrow issue in a broader case that leaves no clear answers.
A report from Bloomberg is more detailed than in other reports out so far today. It appears that Rambus’ conduct over hiding patent issues will not be reviewed by the Supreme Court in the case.
If this was truly great news, you would expect to see more of a reaction in the share price. Shares are up $0.01 at $7.83 and the 52-week trading range is $4.00 to $22.09.
Having a business model of being a patent troll does not come without risks.
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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
