Tuesday, July 19, 2005

Rambus CEO walks the talk

True to his word, Harold Hughes, CEO of Rambus, retained 74,543 shares of the 125,000 vested options - liquidating 50,457 to pay the tax bite that arose with the vesting.

Ramboids view this as an indication that Hughes believes that the longterm prospects of Rambus are brighter than the current market view.

Now if Abraham Sofaer would buy a few shares. Any Donkey promises to remove the "Sofaer Meter" if the Director purchases 1,000 or more shares . . .

Update: 7/20/05

Amended Form 4. Result remains as noted above.

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