Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 102.24

-2.6%

3:59 PM EST

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To: denni who wrote (22766)	6/17/1999 3:08:00 PM
From: unclewest	Read Replies (3) of 93625

any new folks just tuning in...here is a quick run down. rmbs has been given a target price by 2 major brokers of $150. morgan stanley dean witter also added that they see lots of room for upside from there. our thread revenue models show rmbs earnings ramping to north of $8 per share in 18 months and some say to $34+ in 2002-2003. rmbs has no debt, $90 million in cash, positive cash flow, and a royalty based income stream. all 15 of the world's dram mfr have licensed the tech. extremely well protected by patents. the glitch in the chart was caused when intel announced a 90 day delay in feb. the delay was done to allow everyone to get up to speed. lots of fud around. if you see a story you don't like, ask about it here. good luck, unclewest

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