Rambus (RMBS)

[cordob]

With guidance lowered a couple weeks ago, earnings announcement in a couple weeks should be ho-hum unless there is a surprise. Will be interesting to watch how Mr. Hughes operates.

Hey Threejack

That earnings day (soon I guess) is not going to be good unless there is some stellar guidance or maybe a good-bad-good sandwich with a settlement in one of the outside pieces.

The guidance given recently points at about 2.5 cts/shr for the qtr. (there is a mysterious decrease of revenue from the guidance given in jan, we haven't quite figured out what that is, could be Samsung trouble)

The problem is that the analysts which are counted by WS have not reduced guidance sufficiently, see:
http://finance.yahoo.com/q/ae?s=RMBS

5 cents average, 3 analysts, low 3 high 7 well you can compute the other one
30 days ago it was 6 cents average.

this is still too high so marketwatch etc 's headlines after the earnings announcement will read something like "Rambus misses by 2-3 cents". Not good. (will present a good buying opportunity for everybody who is not maxed out yet though!)

Cheers
Cor