Rambus (RMBS)

[Skeptic]

Mr. Danforth earned his pay.

TJ - have a ton of respect for you, but I can't understand why you would defend Danforth. The guy exercised options with gross proceeds of over 10 million in a span of about 2 years - this is in addition to his very generous salary and bonus. How is Rambus substantially better off now than it was in early 2004? The war for past damages is seeminlgy lost. The stock is near a 52 week low. Management has committed fraud with the options shenanigans. Munger Tolles gets a 10 mill bonus? It's gut-wrenching to see the damage this company has done to its faithful shareholders. The only people that have made money on Rambus (other than lucky short term traders) is the mgmt and the lawyers. I suppose that's life - nice guys finish last. Bagholders pay the bills. I think everyone who follows this company should be disgusted with every bum in the executive suite - Danforth included.