RMBS… BOOM #2…!!!

Finally…!!!

RMBS bags the Gorilla…!!!  The settlement we have all been waiting for… Samsung. 

Regardless of what you hear, or read on the message boards, this settlement is HUGE…!!!  Samsung pays $900 Million to settle all past damages and licenses ”certain” memory products.  This is key to the settlement… in the CC RMBS made clear that the settlement does NOT include new memory products like XDR and other “new” generation products.  They reported that they have a MOU on licensing these new products and that they would be partnering with Samsung on many other products.

Exactly what RMBS needed to turn up the heat on everybody else left unlicensed.  Samsung gets the best deal because they “were” a paying customer and because they settled first.  We believe other deals and settlements will be forthcoming… simply because no other MM’s can afford to let the Gorilla get too far ahead with their technology.

This is very very good… at long last RMBS will be paid for their revolutionary products and designs.

This morning we cut all of our hedges in half and added Short and Mid-Term Call Spreads…

BOUGHT - FEB 25/30 Call Spreads @ $1.10

BOUGHT - MAY 30/40 Call Spreads @ $1.17

BOUGHT - AUG 40/45 Call Spreads @ $.38

No changes to our LT Core positions just yet…

Coach BD