On June 15, 2005, Rambus announced it inked a license agreement with IBM that will allow IBM access to Rambus's XDR ™ memory controller interface cell, dubbed XIO.
Great news for Rambus investors, no? How about good news? Not even. Since the announcement, Rambus share price has declined 1.2% . . . NASDAQ is up about 0.6%, DJIA is up a hair over 0.4% and IBM is up about 0.3%.
Simply makes no sense. Thegeek.com noted:
Hopefully this new agreement can provide momentum for the belligerent young company. Believe it or not, Rambus actually does have cool technology, and, as a Geek, that's all I'm interested in the company for anyway.
Well, the Ramboids would like the cool technology to move the share price up, not down.
Hat tip to Joe of the Pinehurst Thread for The Geek link.
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