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Replies to #5057 on Rambus (RMBS)
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Skeptic

08/08/05 2:02 PM

#5059 RE: Threejack #5057

Do not consider 25% a small institutional base

Institutional ownership has decreased 2.7% quarter over quarter and if you back out PrimeCap and Vanguard's ownership, institutional ownership is a measly 11.87% the rest of which can be explained by Rambus' inclusion in the Russell and Nasdaq indices and the necessity for index funds to hold Rambus.

And I still consider 25% small - look at the following institutional ownership numbers:
QCOM 69%
MU 82%
ATI 68%
NVDA 60%
Cadence 91%

The closest comparison is IDCC and they are higher at 34%.

In addition to a gaping hole in IR, they have a gaping hole in Sales/Marketing given that the CFO, "Bumbling Bob", is the de facto speaker at every investor presentation.

BTW OT - I hope you weren't offended when I referred to you as a clown - I have a lot of respect for your opinion and I was poking fun at myself as much as you.