Rambus - Tate continues to diversify

Rambus director, Geoff Tate, continues to diss the long-suffering Rambus longs by diversifying - 33,300 shares.

Yup, it's that time of the month - another headache and while Rambus' hemoglobin thins, Tate sells more stock under the Rule 10b5-1 trading plan he adopted on July 24, 2003.

Tate still holds 2,572,156 shares directly and 60,000 indirectly. At the current rate, assuming that Tate isn't awarded mores shares, it will take Tate about 80 months to move his stock into a "performing" investment.