This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Rambus' CEO Presents At JPMorgan TMT Conference (Transcript)

Rambus Inc. (RMBS)

JPMorgan TMT Conference Call

May 16, 2012 14:50 ET


Harold Hughes – Chief Executive Officer


Paul Coster – JPMorgan


Paul Coster – JPMorgan

Thank you very much. Good afternoon. My name is Paul Coster. I’m the Senior Analyst covering applied and emerging technologies here at JPMorgan. And this is the 40th Annual TMT Conference, pretty impressive right. I'm very pleased to introduce Harold Hughes, the CEO of Rambus.

We recently upgraded Rambus to avoid advantage of the recent slide. And so we think this one is worth buying. Harold, can you explain, let's assume not everyone is familiar with the story, can you just explain what Rambus does and then we’ll get into some of the issues and questions and so on.

Harold Hughes

Certainly and thanks Paul, thanks for having us on your 40th Anniversary. Rambus was founded in 1990 specifically to focus on the need to improve significantly the performance of DRAM to match the requirements of the microprocessors. Since that time, we have continued to create great deal of technology in that area. We’ve been very successful in getting people to use that technology. We've been unfortunately somewhat less successful in getting everyone to pay for the use of that technology. We have roughly half of the DRAM industry licensed Samsung and Elpida, which by the way made their payment to us, their bankruptcy notwithstanding, they made the payment this quarter. And there has been a large body of litigation that has been ongoing.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.49 -6.25 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs