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

To: richard surckla who wrote (64152)	1/11/2001 4:56:19 PM
From: Barry Grossman	Respond to of 93625

richard, They said: Because of the Company's substantially increased level of profitability and limited tax reduction opportunities, the tax rate for fiscal 2000 has been increased to 40% from 35% last year. Based on this tax rate, and excluding acquisition-related costs, first quarter pro forma net income was a record $13.2 million ($0.12 per diluted share), more than five times the amount reported in the same period last year and up 29% from the previous quarter. If the previous 35% tax rate were still applicable, the earnings for the quarter would have been higher by $0.01 per share CNBC reports they missed their numbers by .01 The reason - stated above. I guess the analysts didn't figure that extra profitability would mean a higher estimated tax rate. What they have to say in the cc will tell the tale. Barry

To: richard surckla who wrote (64152)	1/11/2001 4:57:57 PM
From: Bilow	Read Replies (2) \| Respond to of 93625

Hi richard surckla; Something isn't right. If this puppy is going to make $12 per share in 2002, as ptnewell expects (#reply-14984131), it sure has a ways to go, given that it has already signed up a good proportion of the industry. Real time quote is $44 5/16, slightly down in after hours. Maybe earlie was right about RMBS not getting royalties as high as they have led the investing public to believe: the implied royalties implicit in RMBS' most recent SEC filings (they settled, but it sure looks like they settled for peanuts,..... and if not, then why the decision not to make the settlement numbers public). Most in the game hint at royalties that are significanly lower than the legal costs to fight the court case,..... i.e., insignificnat. #reply-15152693 -- Carl