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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.28-3.3%Nov 20 4:00 PM EST

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To: john dodson who wrote (32023)10/13/1999 12:12:00 AM
From: Don Green  Read Replies (3) of 93625
 
> Well, what's the verdict?

Back on 9/27/99 Morgan Stanley Dean Witter downgraded from strong buy to outperform, lowered target from $150 to $110 due to uncertainty in the timing of deployment of Rambus

So, I guess it depends if MSDW reinstates it's opinion to a strong buy. If not, there must still be some doubts. But, you may need to wait until Friday morning to get that answer. I doubt Edlestone would change his opinion without hearing first that the chip makers decided to continue making DRDRAM. But since the demand for Sdram seems to be very strong and profitable right now, I doubt they will, in the NEAR future.

Regards

Don
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