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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 115.18-7.7%Jan 23 9:30 AM EST

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To: MileHigh who wrote (3803)4/16/1998 10:10:00 AM
From: REH  Read Replies (3) of 93625
 
Seems like some analysts do not know how to read financial statements:

Rambus has Deferred Revenue of $ 38M which is $ 1.625/share when realized. Deduct 25% for related cost and you still get $ 1.20/share

At a stock price of $ 45.00 this would give a P/E on these revenues alone of 37.5 - never mind new revenue which will explode towards the end of 1998 and in 1999.

Go long, ignore the manipulation I say

reh
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