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Rambus said almost nothing different than during the June analyst dayThe 'worst' thing that happened is that they guided down from $295 - $305 million in revenue this year to $295 - $300 million. At the time of the June analyst day, they were trading at almost $14. They've generated $24 million in cash from operations since then on revenue of almost $70 million (that was within the range of guidance) and that cash flow is repeatable. So a 1.6% revenue cut translates to about a 40% pullback in the stock. Since the long term plan is on track, I bet there's at least a few investors that should consider that something is out of whack! Maybe they'll do the appropriate analysis and see this significant cash generator is a bargain since they should be growing revenue at 15%+ in a year's time once the growth initiatives start kicking in? P.S. Black was at a remote location today, I bet he's working on signing one of those important patent deals that he was talking about in today's call. Either that or something along the lines of talking to the possible second MOU customer that should help revenue grow significantly in 2016+. |
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Msg # | Subject | Author | Recs | Date Posted |
740850 | Re: Rambus said almost nothing different than during the June analyst day | mantrapfisherman | 0 | 10/20/2014 8:10:33 PM |
740855 | Re: Rambus said almost nothing different than during the June analyst day | stkhawk | 14 | 10/20/2014 8:59:54 PM |