Rambus (RMBS)

[Skeptic]

Great analysis Cal! One comment - I thought it was known that Intel was 10 mill a quarter?

Couple takeaways - If .42 EPS is accurate, it takes a forward P/E of about 90 to get us to the current valuation. The deal with Fujitsu is looking like an even bigger coup than previously realized. Earnings impact in Q106 from options was .08 a share which is .32 a year which means given your analysis, we should expect Rambus to earn 10 cents this year! ;>

I'm anxious to see what, if anything, comes of the AGM.