Wallstreet finally realizes that Rambus owns the memory market! They start
figuring out that 1.5 percent of a $40 billion dollar memory market is
around $3.30 per share after taxes, plus Rambus will get 3 to 6 % royalty
on any chip which communicates with memory, which is in HDTVs,
communications routers, PDA's, DVD's, cellular phones, consumer appliances,
etc., etc.
In the exuberance of a Bull market and with all the analysts talking about
Rambus the gorilla, Rambus the next Microsoft, Rambus the most profitable
company on earth, Rambus with no competition, Rambus the monopoly, the
stock could attain a PE nearly as high as it once did in June of 2000 which
could make Rambus stock $500 per share. The probability of all these
scenarios playing out as I've stated them is unlikely, but it is certainly
possible.
Please do not confuse this target, or replace it with Fredhager.com's
Rambus price target, which is still $200 by year-end, and $500 by January
2003. Good luck to all Rambus investors. |
