28/01/2011

Rambus - Possible TAKEOVER is underway..

The real facts :

- 1.3 billion in revenues booked over a 5 year period. this equates to approximately 260 million in revenues/yr , 65 million/qtr in revenues.
- Q1 revenues would be 65-66 million for the qtr. since expenses will be betwwen 56-61 million for the qtr.
- Rambus earnings per share will be around the 4-6 cent range.
- If Rambus gets everyone licensed and hits their 500 million a year revenues target for semis, Rambus will only earn approx 2 - 2.25 dollars a share. put a 15 to 20 multiple on that and Rambus' pps could be 30-40.
- Cash equivalents, and marketable securities were at $512 million, an increase of $27 million from the previous quarter and an increase of $52 million year over year.
- Lot of rumors that Rambus could be supplier of high techonolgy to Apple too.

All of this make me think , that Rambus is clearly a takeover candidate from now on........... The stock is cheap basead on the fundamentals..... Samsung, Nvidia, Intel, who knows.......

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