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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.19+2.8%Nov 19 3:59 PM EST

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To: blake_paterson who wrote (12561)1/7/1999 1:19:00 PM
From: Barry Grossman  Read Replies (2) of 93625
 
blake,

I believe that Rambus in many cases receives royalties or fees in advance and these monies, which are earning stockholders interest all the while, are dropped into current quarter earnings at an unknown (by me) but flexibly adjusted (by management) rate according to certain milestones. At least that's how I remember the discussion went on this some time last year. You could review the thread for this or the info is probably in one of the older Rambus filings available on Edgar.

We're stuck in that 70-80 zone here in LA. No rain in the forecast and my wife is complaining about this! Sorry to here about your snow injury. Perhaps your inevitable large RMBS profits will finance frequent winter vacations to warmer climes.

Congratulations on your increased confidence and position.

I hope you feel much better real soon. ;-)

Barry

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