John Paczkowski

Recent Posts by John Paczkowski

Sambus?

rmbsA quick update on the Samsung/SanDisk story I posted earlier this morning. Now that Samsung has officially called off its bid for Sandisk, shares of Rambus (RMBS) are trading higher on a rumor that it might soon be the target of Samsung’s attentions. The company’s stock spiked more than nine percent to $17.49 on the speculation, though analysts say such a deal is unlikely.


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I think going public today is almost like a Bataan death march. I think Wall Street — this will insult many people — but I think in many ways it bears a resemblance to organized crime. It is legal today what they do, but what they do is manifestly unfair.

— Roger McNamee of Elevation Partners, in conversation with Bloomberg Television’s Margaret Brennan