Will a link to a disallowed page transfer PageRank?

Steen in Copenhagen asks if a page is disallowed in robust text. Will a link to this page transfer or leak link juice?

So essentially, suppose Ebay dot com is disallowed and robust text? Will a link to Ebay.

Com even though it's Robotted out? Will it still collect link juice?

And the answer is yes.

So in the old days, New York Times, ebay the California DMV, all of them blocked us with robots text.

And yet if someone comes to Google and types in California

DMV, you want to return the DMV's home page.

So we solved that by not crawling the page.

But we could still return the reference.

And so if you see enough people linked to a page, even though

it's robotic out, we can still return that in our search results.