Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: blake_paterson who wrote (14824)	1/31/1999 4:20:00 PM
From: Bernard Super	Read Replies (1) \| Respond to of 93625

blake - in response to your questions: To my memory there was no discussion of Chromatics and Cirrus, beyond what is already published in the RMBS 1998 Annual Report. Deferred revenues refers to the "unused portion" of contract revenues, which Rambus spreads out over several years. (In my view, this conservative and rational accounting approach is a sign both of management's integrity and the fact that the company has plenty of cash). I don't know the answers to questions 4 and 5. But with regard to 5, it is inconceivable to me that a company like Rambus, and in Rambus' situation would talk about anything that is "in the works". I know this is of limited help to you, but I did want to respond. Regards - Bernard

To: blake_paterson who wrote (14824)	1/31/1999 6:33:00 PM
From: woodside	Read Replies (3) \| Respond to of 93625

Blake, to answer your questions -- 2. Cirrus and Chromatics' cancellations have nothing to do with Rambus. (See previous posts about the meeting) 3. Harmon said, Rambus reported $38 million revenues for 98, and is sitting on $91 million cash (and equivalents). <Some jokes about what to do with all that cash>. Sounds to me like most of next two quarters' "flat" earnings are already in the bank. 5. Somebody asked that question specifically. Tate said Motarola is not a licencee, but elaborated some (possible interest? don't remember his exactly words). One observation about the meeting. All top officers of Rambus were there (Toprani, Roberts ..), although only two spoke. They all hung around for quite a while afterwards. It gives investors a great opportunity to have one-on-one conversations and ask whatever questions they have. I chatted with Tate briefly. Another thing, much has been said about the lack of hype from the company. But don't think for a moment that these guys are modest; in fact, they are anything but. "Confident and ambitious" is how they come across at that conference. -woodside