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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (39758)4/13/2000 1:38:00 AM
From: Bilow  Read Replies (2) | Respond to of 93625
 
Those employees at Rambus are doing pretty well, it seems. They managed to run the option grant that kicked in when the stock price held above $200 for 30 days, which options were valued at $171MM:
But the Mountain View, Calif.-based company also took a $171.1 million non-cash charge for employee compensation and another $230,000 charge related to acquisition costs.
dailynews.yahoo.com

So how many employees at RMBS get to split this windfall? Yahoo shows 166:
biz.yahoo.com

That works out to an average of $1,066,265 each. Enough to shade the truth a little in a power calculation? I think so. The typical American employee will have no difficulty stepping a little over that fine ethics line when faced with this sort of reward. And a good percentage of the population will pole vault over piles of burning gasoline soaked tires for it.

So there you have it. After all the talk about how tomshardware.com was biased because he accepted advertising revenue, it now turns out that the big, independent defender of Rambus, DramReview, was actually being run by a guy who probably has a lot of stock in the company, stock obtained through employee stock option programs, rather than bought on the open market.

His motive for talking the technology up is now pretty clear.

-- Carl