reh dataquest and in-stat are conservative...so let's just use their numbers instead of the author's make believe stuff.
52,000,000,000 market x 60% rmbs share = 31,200,000,000
31,200,000,000 x .015 royalties(low estimate) = 468,000,000 royalties.
468,000,000 x .80 net = 374,400,000 earnings
by then with intel's i million warrants and employee options total shares will be around 25 million.
that is $15 per share earnings for rmbs in 2001. is 90 a reasonable pe for that kind of growth? that would give us $1,350 per share in 2001. my 295 by christmas this year looks pretty attainable to me.
wonder why the author didn't use the numbers his research provided? unclewest... trying to figure out how to buy more shares. |