Replies to post #10541 on Rambus (RMBS)

[Skeptic]

I see Hughes as coachable, established some relationship with him today, and intend to do some coaching.

What does 10 million get you these days? It gets you Harry. He was granted 250,000 restricted shares which I believe vest over 4 years - If the stock is at 40 bucks, that's 10 million and the best part is their is no "exercise price" - it's all profit. So for 10 million bucks and a damn generous salary and bonus, we get a guy who has no "emotional intelligence", cannot compose himself, makes inflammatory remarks during an AGM and shoots his mouth off in various industry rags. I'm still waiting for the promised Intel renewal - Q2 is here and quickly going.

I don't think Harry need look any further than Danforth for some emotional intelligence coaching. Danforth handled the situation well by listening, validating, and responding rationally. At least Danforth is earning his keep in that regard. Like the crazy options grants from years ago, I feel like getting too upset about Harry is crying over spilt milk. If he goes than some other creep will be hired to replace him and the options game will start anew. However, I certainly would NOT stick my neck out and defend the guy. He is supposed to be an industry veteran. LOLo - you can coach him all you want, but I'm afraid that old dog won't learn any new tricks.

I'm disappointed to read that you think that Rambus mgmt was the victim yesterday - Harry went on the offensive as soon as that options slide came up.

I'd rather see a guy like TJ up there and then maybe TJ could afford a cable modem or DSL. :>

[Threejack]

re: Where did the $103,000,000 come from?


Hey LOlo,

Haven't a clue how Mr. Dowd arrived at his number. Regardless his point was made. His tone didn't sound abusive or anything like a tirade to me, but I wasn't in the room. Bear in mind, it took some measure of courage to stand up and ask those questions at that meeting, so the strength of his words and manner were most likely adrenalin-induced. Mr. Dowd has my respect.

One man's enlightenment is another man's fog. Just a difference of opinion between us on the value of his QCOM vs RMBS illustration.

Not all polished executives spout empty platitudes. Perhaps you are confusing corporate leaders with elected officials? Both may be politicians responsible to diverse constituencies, but the similarity ends there. Shareholders, including Rambus's, hold an expectation their corporate leaders get paid the big bucks for a reason.

Just my opinion.

Threejack