Rambus Inc. Message Board
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TATE UPDATE TATE UPDATE
Tate just sold another 33K shares!
6/21/04 Tate Geoffrey 33,300 $532,223
5/20/04 Tate Geoffrey 33,300 $629,416
4/20/04 Tate Geoffrey 33,300 $834,927
4/20/04 Tate Geoffrey 99,900 $2,505,492
3/22/04 Tate Geoffrey 33,300 $888,114
2/20/04 Tate Geoffrey 33,300 $1,120,954
1/20/04 Tate Geoffrey 33,300 $1,155,926
1/20/04 Tate Geoffrey 99,900 $3,456,540
Total (so far this year) $11,123,592
Todays sale was a nice little 3 bagger for all those shares they stuffed their pockets with back in 2001 at the low for the year! It must be nice to stuff your pocket with options and profit at the expense of shareholders who assumed Tate had the first clue about about running an IP company.
Welcome to optionbusThis topic is deleted.-
Tate sold 33,300 shares netting $532,223, however that does not mean that he made $532,223. The option shares are not free, Tate bought them, and the cash money that he paid went into Rambus' bank account. Granted, he got a great deal, yes, he's lucky, it's still obscene, but don't overstate the obscenity.
- 2 Replies to rambiskit
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the abuse doesn't stop. another $532,000 gain for Tate at shareholders' expense. Will it ever end????
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He is jumping ship. it sucks.
- 1 Reply to sandiego1010
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honey he and his buds have been jumping ship for over a year at your expense. WAKE UP!!!!!
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bet when he "stuffed" it back in 01 he was like many of us, envisioning seeing "a few zeros after the 1st number" when it came time to exercise...
while we don't have/hold the "dollar amount" Rmbs execs have, just think how much this litigation delay has COST THEM...- 1 Reply to subnr1
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they are stickin it to the shareholders! anyone that doesn't recognize this is an
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