Check out this bullshit news article today on Rambus. They should be sued. Obviously, they have some hidden agenda. The editors must be short Rambus and hope to get out at the open.
Rambus Inc. 2Q Net 2c/Diluted Share Vs 6c
Rambus Inc. (RMBS) earned two cents a basic share and one cent a
diluted share in the year-ago second quarter.
(Headlines published at 16:13 p.m. EDT incorrectly reported year-ago
second-quarter net income as seven cents a basic share and six cents a
diluted share.)
Rambus Inc. - Mountain View, Calif.
2nd Quar March 31:
1998 1997
Revenues $9,651,000 $9,390,000
Net income 1,792,000 296,000
Avg shrs (basic) 22,654,000 18,126,000
Avg shrs (diluted) 24,316,000 19,794,000
Shr earns (basic)
Net income .08 .02
Shr earns (diluted)
Net income .07 .01
6 Months:
1998 1997
Revenues $19,041,000 $11,425,000
Net income 3,347,000 388,000
Avg shrs (basic) 22,560,000 17,632,000
Avg shrs (diluted) 24,313,000 19,682,000
Shr earns (basic)
Net income .15 .02
Shr earns (diluted)
Net income .14 .02
Rambus Inc.'s (RMBS) latest second quarter includes some royalty
revenue due to pre-holiday shipments of Rambus ICs for use in Nintendo
64 video games.
The company doesn't expect the effects of this seasonal activity to continue
into the third quarter.
Rambus designs, licenses and markets chip-to-chip interface technology for
use in consumer electronics. |
