Tuesday, January 31, 2006

Rambus insider sales . . .(corrected)

The continuing series: (as time allows, I will catch up with the insider sales)

Samir Patel is a Rambus Engineering VP who co-leads the development and deployment of memory interface and logic interface products.

I am guessing that Mr. Patel is a very fine gentleman and a very hard worker. Mr. Patel rang the cash register like a post holiday sale at Walmart. By my quick calculations, Mr. Patel pocketed a pre-tax gain of $1,829,394 on January 24, 2006.

Ms. Patel cashed options that vested as far back as 2000. Rambus will report the sales as costing at total of 1.82 cents per Rambus share.

You may view Mr. Patel's Form 4 linked here.

No comment from Rambus.

Corrected 2.2.06 Samir Patel instead of Patel Samir. Please accept my apologies Mr. Patel.

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