The numbers in review for all the new folks here:
$1,050,000,000 DRAM Revenue ($30 B market- 3.5% royalty)
$540,000,000 Net Earnings
The details: Other revenue potential contributors are as follows- AMD license, ramping PCI Express, controller revenue, CELL, PS3, Intel renewal, IFX payments (including the $100 mill), back damages and others.
Big Picture: Rambus has stated on numerous occasions that their growing patent portfolio covers much of the $300 Billion semiconductor market and are owed royalties from 100’s of sources.
Bottom Line: By the time the average Joe wakes up to Rambus’ potential, the stock will be in triple digits.