here is the math. i think. LOL.
"Direct Rambus solutions will represent 5% of the
total DRAM market by next year, 30% by 2000, and about 60% by 2001, according
to Dataquest."
1999 2000 2001
est. world dram production $25 billion $35 billion $50 billion
rambus market share 5% 30% 60%
royalty(h&q said 1.7%) 1.7% 1.7% 1.7%
(rmbs cfo said 2-5%)
rambus income from dram $21,250,000 $148,750,000 $510,000,000
rambus cfo said 40% net $8,500,000 $59,500,000 $204,000,000
shares out 25 million
earnings from dram sales $.34 $2.38 $8.16
remember rmbs ceo said this will only be one half of total revenues. if he is right multiply above earnings by 2X.
using a pe of 50 pretty reasonable for this growth.
$8.16 X 2 = $16.32 X 50 = $816 per share end of 2001.
this still leaves 40% of the market for other forms of memory.
am i dreaming or is this going to happen? |
