3SOF

Quote from: la-onda on April 25, 2006, 12:37:09 PM
RMBS: WR Hambrecht Keeps @ Buy; Ups Tgt to $51 vs $38; Analyst Notes
Tuesday , April 25, 2006 11:59 ET
Issuer: Rambus Inc. (NasdaqNM: RMBS)
Analyst Firm:  WR Hambrecht
Ratings Action: REITERATION
Current Rating: Buy
Target Price Action: INCREASE
Target Price: $51.00 (+34.21% from $38.00)

Analyst Comments: Yesterday, the jury in the Hynix trial found that Hynix infringed on all eight patents which Rambus claimed it had and awarded Rambus $306M in award damages. Overall, the firm says this is very positive for Rambus and while they had anticipated this positive outcome, the damages award of $306M was higher than the $150M they had estimated in their note on April 17. They believe that the next stage will be a Hynix appeal of the decision but at the same time it will likely come back to the negotiation table more seriously for a settlement that is likely to include an ongoing 3.5% DRAM royalty rate. Due to the positive outcome of the trial, the firm has raised its price target to $51 to reflect this higher than expected award outcome and the potential positive business developments associated with it.

in april they had a buy with target 51 dolllar !

I am invested now
why? lets check the facts

part 2   
cheers Oliver

update:
RMBS: Short Interest UP 2.0% to 9.5M in Jun 2006
Monday , June 26, 2006 16:21 ET

According to new short interest data from NASDAQ, short interest for Rambus Inc. (NasdaqNM: RMBS) INCREASED 2.0% to 9,501,994 shares for the month ended mid-June, 2006.

SYMBOL               MAY            JUNE          CHANGE       %CHANGE     DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
RMBS           9,315,544       9,501,994        +186,450        +2.00%           2

Based on RMBS's 20-day average daily share volume of 6,200,865, it would require approximately 2 day(s) of buying to cover this short interest.

Update to the thread.
Breakout / news
Rambus shares soar on speculation of FTC ruling
A 2-month holding pattern broken today by speculation of favorable court ruling. 
Super volume day

52wk Range: 10.25 - 46.99
Volume: 36,412,161.........................
Avg Vol (3m): 8,758,780

Technicals
13-day MA Cross Above 50-day MA
Close Above the 50-day MA
Most Actives
Gap Up
MACD - Bullish
Percentage Gainer
Price Gainer

Last Price Quote is:
25.37%above 13-day MA
26.21%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $1,703.76 
P/E Ratio: 55.39 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Buy

Rambus Gets Favorable Jury Ruling In Memory Chip Case
Jurors in federal court in San Jose sided with Rambus (RMBS) in rejecting claims by Hynix, Micron (MU) and Nanya Technology that Rambus illegally used information obtained at industry meetings in the 1990s to get its patents, Bloomberg is reporting.




52wk Range: 12.05 - 22.20
Volume: 24,565,159
Avg Vol (3m): 1,970,500


Technicals
Record Price High
Most Actives
Record Price Break Out
Percentage Gainer
Price Gainer

Last Price Quote is:
43.43%above 13-day MA
42.18%above 50-day MA
RS Rating: 93 

Fundamentals
Key Data:
Market Cap (M): $1,861.18 
P/E Ratio: 59.86 
PEG Ratio: N/A 
Next Earnings: 10/15/2008
Last Analyst Rating: Buy

BOISE, Idaho, Mar 26, 2008 (BUSINESS WIRE) -- Micron Technology, Inc. (MU, Trade), today announced that it strongly disagrees with a federal court jury decision that Rambus Inc., did not violate antitrust laws or commit fraud by illegally deceiving members of JEDEC in the establishment of important standards in the computer chip industry. The jury decision concluded a trial that began in late January in the U.S. District Court for the Northern District of California in San Jose.

In the trial, Micron and fellow memory manufacturers Hynix Semiconductor and Nanya Technology argued that Rambus violated antitrust laws by monopolizing, or attempting to monopolize, six technology markets through Rambus patents covering features in JEDEC industry standards for DRAM interface technology.

Micron strongly believes that the evidence entered at the trial proves that Rambus violated antitrust laws and committed fraud, and Micron plans to appeal the outcome. Micron officials also believe that the jury's decision is inconsistent with previous decisions by the U.S. Federal Trade Commission (FTC) and the European Commission (EC). In August 2006, the FTC unanimously found that, through a course of illegal and deceptive conduct, Rambus was able to distort the critical standard-setting process of JEDEC and engaged in an anticompetitive "hold up" of the computer memory industry. Similarly, in July 2007, the EC issued a Statement of Objections describing its views that Rambus engaged in intentional deceptive conduct in the standard-setting process or "patent ambush" and violated EC law by subsequently claiming unreasonable royalties for the use of relevant patents.

"Micron believes that Rambus has engaged in a pattern of deception, destruction of evidence, false testimony and other improper activities designed to mislead and to extract unjust patent licensing fees and damages. We will continue to vigorously advance our claims that Rambus has engaged in a variety of illegal activities designed to injure Micron," said Rod Lewis, Micron's Vice President of Legal Affairs and General Counsel.

This trial phase involving certain conduct claims against Rambus is only one phase in a number of pending cases between Micron and Rambus. For example, in a December 2007 bench trial before Judge Robinson in Delaware, Micron presented evidence that Rambus destroyed evidence and engaged in litigation misconduct as part of its efforts to improperly extract licensing fees and damages from Micron. As a result of those wrongful actions, Micron has asked the Delaware court to dismiss Rambus' patent claims against Micron. A decision in that case is pending.

Additionally, Micron also believes that Rambus' patents are invalid, not infringed, and unenforceable. Recently, in connection with a reexamination of a key Rambus patent, the U.S. Patent and Trademark Office (PTO) issued a preliminary rejection of all the claims. In February 2008, as part of its reexamination process, the PTO preliminarily rejected all of the claims of Rambus' U.S. patent 6,715,020, one of the patents Rambus has asserted against Micron and other memory manufacturers. A group of other key Rambus patents are still pending reexamination in the PTO. Likewise, the European Patent Office (EPO) has revoked or substantially narrowed Rambus patents asserted against Micron in various European countries. As a result, Rambus' infringement claims have been dismissed in the United Kingdom, Germany and Italy.

In September 2000, Rambus filed patent infringement suits against Micron in London, England, Mannheim, Germany, Monza, Italy, and Paris, France alleging that Micron infringed Rambus European patent 525 068. On October 26, 2000, Micron filed an opposition to Rambus' European patent 525 068 in the EPO. In February 2004, the EPO permanently revoked the patent. As a result, the courts in London, England and Mannheim, Germany subsequently dismissed Rambus' patent infringement case and awarded costs to Micron. The Monza, Italy case previously was dismissed in May 24, 2001 when the court rejected Rambus' assertions of infringement. Dismissal of the Paris, France, case is still pending.

In August 2001, Rambus filed suit against Micron in Pavia, Italy, alleging that Micron infringed Rambus European patent 1 022 642. In September 2001, Micron filed an opposition to that patent in the EPO. In May 2005, the EPO Opposition Division preliminarily rejected all claims of the '642 patent. Rambus subsequently dismissed its patent infringement case against Micron in Pavia, Italy.

Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron's common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.

Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

SOURCE: Micron Technology, Inc.


Micron Technology, Inc. 
Daniel Francisco, 208-368-5584 
[email protected] 

Copyright Business Wire 2008

One of those threads that was started back in 2005,
The author jumped ship... Lot's of members here have did this to include
3stocksonfire themselves.
Start a job finish it...Otherwise, how do you expect to make any money in the Stock Market !
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

If you ever held a position in this stock...

Here's Why Rambus Is Earning So Much for You
Margins matter. The more Rambus (Nasdaq: RMBS) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market.  That's why I check on my holdings' margins at least once a quarter. I'm looking for the absolute numbers, comparisons to sector peers and competitors, and any trend that may tell me how strong Rambus's competitive position could be.

Here's the current margin snapshot for Rambus and some of its sector and industry peers and direct competitors.

Company.......TTM Gross Margin.......TTM Operating Margin.......TTM Net Margin

Rambus             97.9%                            32.2%                           46.7%

ARMH                 93.6%                            26.3%                           21.1%

MU                     31.1%                            20%                              20%

NVDA                 39.8%                            5.6%                              7.1%

Source: Capital IQ, a division of Standard & Poor's. TTM = trailing 12 months.

Unfortunately, that table doesn't tell us much about where Rambus has been, or where it's going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can't make up for this problem by cutting costs -- and most companies can't -- then both the business and its shares face a decidedly bleak outlook.

Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company's profitability. That's why I like to look at five fiscal years' worth of margins, along with the results for the trailing 12 months (TTM), the last fiscal year, and last fiscal quarter (LFQ). You can't always reach a hard conclusion about your company's health, but you can better understand what to expect, and what to watch.

Here's the margin picture for Rambus over the past few years.



Source: Capital IQ, a division of Standard & Poor's. Dollar amounts in millions. FY= fiscal year. TTM = trailing 12 months.

Here's how the stats break down:

•Over the past five years, gross margin peaked at 97.9% and averaged 89.2%. Operating margin peaked at 32.2% and averaged (1%). Net margin peaked at 46.7% and averaged (40.1%).
•TTM gross margin is 97.9%, 870 basis points better than the five-year average. TTM operating margin is 32.2%, 3,320 basis points better than the five-year average. TTM net margin is 46.7%, 8,680 basis points better than the five-year average.
With TTM margins all at a 5-year high, Rambus looks like it's doing great.

If you take the time to read past the headlines and crack a filing now and then, you're probably ahead of 95% of the market's individual investors. To stay ahead, learn more about how I use analysis like this to help me uncover the best returns in the stock market. Got an opinion on the margins at Rambus? Let us know, run a post

Day's Range: 20.28 - 20.68
52wk Range: 16.76 - 25.50
Volume: 490,482
Avg Vol (3m): 818,786
Market Cap: 2.27B
P/E (ttm): 15.63
EPS (ttm): 1.30
Div & Yield: N/A (N/A)

Technicals
13-day EMA Cross Below 50-day EMA

Last Price Quote is:
-2.21%below 13-day EMA
-2.06%below 50-day EMA
RS Rating: 42  

Let's go back and add a look at the 3 year chart as well...

Profile: 

Rambus Inc.
4440 El Camino Real
Los Altos, CA 94022
United States - Map
Phone: 650-947-5000
Fax: 650-947-5001
Website: http://www.rambus.com

Details   
Index Membership: N/A
Sector: Technology
Industry: Semiconductor- Memory Chips
Full Time Employees: N/A


Business Summary   

Rambus Inc. designs, develops, and licenses chip interface technologies and architectures that are used in digital electronics products. Its products include Dual Edge Clocking, which is designed to allow data to be sent on the clock pulse; Variable Burst Length that improves data transfer efficiency by allowing varying amounts of data to be sent per a memory read or write request in dynamic random access memory (DRAM) and flash memory; and FlexPhase technology, which synchronizes data output and compensates for circuit timing errors. The company also offers Channel Equalization designed to improve signal integrity and system margins by reducing inter-symbol interference in high speed parallel and serial link channels; Module Threading, which improves the power efficiency of a memory module by applying parallelism to module data accesses; and MicroLens optical design technology providing optimum utilization of high-brightness light-emitting diodes (LED) in edge-lit lighting applications. In addition, it licenses its architectures and industry-standard solutions for use in semiconductor and system products, including XDR Memory Architecture enabling the production of DRAM; XDR2 Memory Architecture that incorporates DRAM micro-threading for graphics intensive applications, such as gaming and digital video; Mobile XDR Memory Architecture, which enables applications, such as HD video recording and 3D gaming on battery powered mobile devices; RDRAM Memory used in play stations, Intel-based personal computers, televisions, and routers; and FlexIO Processor Bus, a high speed chip-to-chip interface. Further, the company offers industry-standard chip interface solutions, including DDRx, as well as digital logic controllers for peripheral component interconnect express and other industry standard interfaces. Additionally, it provides custom solutions for LED edge-lit displays and general lighting. Rambus Inc. was founded in 1990 and is headquartered in Los Altos, California.


Business Overview

BRIEF: For the nine months ended 30 September 2010, Rambus Inc.'s revenues totaled $232.5M, up from $82.2M. Net income totaled $117.8M, vs. a loss of $69.9M. Revenues reflect an increase in royalties earned and higher contract revenues. Net income also reflects by a decrease in cost of sales and increase in gross margin, lower marketing, general & administrative expenses the presence of gain from settlement, other Expenses the presence of operating income. http://www.rambus.com/us/

Last Split Date  06/15/2000...Last Split Factor 4:1 (new per old)