RMBS

AT (Anti-Trust) Trial is scheduled to begin tomorrow with jury selection.  There has been much speculation as what may or may not happen before tomorrow.  We also are expecting a decision from the ITC (Intl Trade Commission) Administrative Law Judge (ALJ) on whether or not NVDA infringes newer RMBS patents.

At the ITC, the legal staff conclusion in their report to the ALJ was that NVDA DID, indeed, infringe a number of RMBS patents, and these are the newer, Barth & Ware patents we are talking about, not those in question in the AT trial, or those decided in RMBS‘s favor in the Hynix trial.

Today’s action looks like RMBS is trading along with the other semi stocks and not in response to any potentially unknown (insider) news.  We would guess that RMBS runs back up into the close from these lows, but that’s not a prediction.  ;-)

We are evaluating some significant protection given the potential for a very serious haircut if anything negative should happen between today and Friday… i.e. last minute delay in AT Trial start, contrary decision by ITC ALJ on NVDA infringement, etc…

Will post our intended action within the hour…

Coach BD  

01/12/2010 at 1:52 pm
Posted in: Alerts & News, RMBS. You can leave a response, or trackback from your own site.