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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.57+0.7%Nov 28 9:30 AM EST
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To: NightOwl who wrote (41598)5/8/2000 2:17:00 AM
From: Barry Grossman  Read Replies (1) of 93625
 
0|0,

you sure about the value of INTC's MU investment having grown to an amount exceeding their costs in direct DRDRAM support?

intel.com

Intel Makes $500 Million Equity Investment In Micron Technology, Inc.

Funding to support memory development and supply, accelerate RDRAM development

SANTA CLARA, Calif., Oct. 16, 1998 - Intel Corporation and Micron Technology, Inc., announced today that Intel will make a $500 million equity investment in Micron. Intel will acquire stock rights exchangeable for common stock representing approximately 6 percent of Micron's outstanding common stock.

MU
Date        Open   High Low     Close Adj. Vol. Adj. Close 
Oct-16-1998 33.875 34.5 32.0    32.0 12,254,400 16.0
May-5-2000  62.0   63.0 60.0625 60.5  4,657,000 60.5


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