Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 105.05

+0.9%

3:39 PM EST

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To: KM who wrote (2335)	11/20/1997 1:51:00 PM
From: Michael Wilson	Read Replies (1) of 93625

The 180 day lockout period for Rambus has just ended. Then one of the Rambus IPO underwriters, H&Q, changes their "price target" from $50 to $100 without any change in fundamentals or EPS. Hmmmm. Morgan Stanley took my company public a year and a half ago. Just after our 180 day lockout, they set a 1-year price target of $80. Today we are at about $19...

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