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


To: Pat Hughes who wrote (64162)1/11/2001 5:41:33 PM
From: Scumbria  Read Replies (1) | Respond to of 93625
 
Pat,

www2.marketwatch.com

Geoff Tate, chief executive officer of Rambus, said in a statement that with the price decrease for SDRAMs in the December quarter, "it is unlikely that royalties for these products in our next (March) quarter will exceed the levels included in this report unless we sign additional licensees."

Sounds like a P/E of 80 is justified.

"In addition, we have moved to larger facilities for long-term growth and will be incurring increased costs in the near term due to the new facilities as well as our continuing vigorous legal defense of our IP," he remarked. Rambus is currently expected to earn 14 cents a share for its March quarter.


I didn't realize they had moved out of their prime Wal-Mart location.

Scumbria