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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 113.83-6.4%Jan 30 9:30 AM EST

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To: pompsander who wrote (37968)3/12/2000 7:34:00 PM
From: Barry Grossman  Read Replies (1) of 93625
 
pomp,

a few measly millions of dollars

If memory serves, Intel has options to buy in excess of one million shares at about 10/share. That would be a profit of a minimum of $410 million at Friday's close. This would be one of Intel's better investment returns, if not certainly THE BEST - when Intel ever sells them.

I also remember the options don't vest until a certain preset market share target is reached by RDRAM's.

Lastly, I recall that the market share target was high enough to make me totally unconcerned about the potential dilution.

Barry (too lazy to look up the actual numbers)
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