Rambus (RMBS): Stock buybacks - doesn't anyone realize...

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Re: None

Wednesday, 05/10/2006 2:04:24 PM

Wednesday, May 10, 2006 2:04:24 PM

Stock buybacks - doesn't anyone realize these are to support the options pyramid scheme.

John Dowd from Maine talking about QCOM vs RMBS - they've only had 300 million in option exercises vs 100 million at Rambus and QCOM is 27X larger. This guy is pissed and rightly so - he's right on. I hope Harry is squirming. He's saying he doesn't disagree with options - he disagrees with the degree of options granted. Right on!

Harry says Rambus is highly unstable.

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