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[posting]22934364[/posting]Interessante Argumente! w Profile Recs: 1 Subject: Short Term Plan for Rambus Sentiment: (DISCLAIMER and DISCLOSURE: The following is my personal opinion and is NOT intended as an investment or legal advice. The reader is advised to do his / her "due diligence" as he / she is the master of his / her investment portfolio, especially with respect to Rambus. I continue to remain "long" on Rambus... at least for now.) I believe that the following can be a good Short Term Plan for Rambus to alleviate the already-depressed Rambus stock and Rambus shareholders: 1. An immediate change in the management level that would include the dismissal of Harol Hughes and Geoff Tate. This should restore the waning confidence of Wall Street and the remaining shareholders on Rambus management. 2. Rambus should come out clean and into the open with respect to the backdating issue and the BoD should create a 3-member panel to determine: (a). to what extent is the involvement or participation of John Danforth in this growing "scandal," and, (b). if there is any conflict of interest on his part as Rambus deals with the class action suits on the matter. 3. Without undermining his professional expertise and legal strategy for Phase III, Gregory Stone and Co. may want to consider several equitable principles, and legal arguments that would emphasize on the distinction between active and passive concealment on the one hand, and fraudulent misrepresentation and good faith omission on the other for his defense in that trial proceeding. 4. A new Rambus management should conduct an immediate review on: (a). The company's Stock Repurchase Program; and, (b). Stock Option Plan. 5. Immediately hire a good PR firm with contacts in Wall Street. (Again, the foregoing is merely a personal opinion and the above Disclaimer and Disclosure is herein reiterated.) Kontra! I'll take a stab at addressing your post point by point. 1. I don't agree that any management changes would instill Wallstreet confidence, ie "buying", in Rambus. Wall Street wants to see the money. The top line and cash position is growing. IMO, it will grow even more over the next 2-3 quarters irrespective of new licensees. General market downdraft and the Silicon Valley options backdating fiasco is killing the stock. I may be an outlier, but I like Harold. He steps on his toungue and I imagine wishes he had a do over of the Annual Meeting, but he has a plan. He believes in the tech and knows that its potential market reach has been barely scratched. He has annunciatd his plan if you (collectively) have the wherewithal to listen to what he says. I believe he is slowly but surely executing that plan. 2. Don't disagree. Again IMO, this is what is occuring with the independent audit team. My reading is that the rats, if there are any, have already left the ship, or if still aboard, have attempted to give back the ill gotten cheese. There may very well be more downside due to new revelations, but I don't see how this really affects the business. Its all a bunch who struck john about when options were granted and at what price. The lawyers are going to milk it for all its worth, but in the end, business will go on. 3. Stone and MTO have been kicking ass and taking names in any and every court that is not located in Richmond, Va. Unfortunately, its hard to kick ass and take names when the judge has rendered you a quadruple amputee. I trust them to a) develop the proper strategic and tactical plan to win the phase 3, AT, and DDR2 cases; and b) execute the plan. Fundamentally, Hynix is grasping at straws to try and find some BS reason why they should not have to pay for having stolen fizzy lifting drink. The fizzy lifting drink they are trying to get out of paying for has already gone stale and flat. The new and improved extra fizzy with the uber lift capacity is not at issue. In the end, they are gonna have to pay. 4. I don't think either is going to happen. If I'm Satish, I'm buying down here. The options gravy train is not going away. I have accepted this as part of my Rambus investment thesis. 5. Rambus recently added a marketing whiz to their board. Rambus needs more revs to draw Wall Street. Product ramping, court wins leading to settlements or case finality, and new licensees are what will drive revs. Wall Street will FOLLOW the money. My thesis includes buying IN FRONT of or LEADING the money. I accept the risk that the money may never come. My observation and analysis tells me it will. Things are gonna suck, until they don't anymore. Just some of my opinions. Hope you are having a good weekend. jethor |
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| aus der Diskussion: | Rambus jetzt kaufen! 01.10.03 bis $50 |
| Autor (Datum des Eintrages): | jethor tull (23.07.06 12:32:50) |
| Beitrag: | 6,117 von 7,076 (ID:22971989) |
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