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Technology Stocks : MARIMBA / RAMBUS
RMBS 100.09-5.3%Nov 4 3:59 PM EST

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To: Ibexx who wrote (58)5/12/1997 12:23:00 PM
From: David Farnham   of 99
 
Rambus ( rmbs ) IPO price range is raised

NEW YORK, May 12 (Reuter) - The estimated price range to buy shares in the initial public offering of Rambus Inc was raised to $10-$12 from $8-$10, according to lead underwriter Morgan Stanley & Co.

The Mountain View, Calif., company has filed to offer 2.75 million shares. Rambus makes interface technology between semiconductor chips.

Co-underwriters are Hambrecht & Quist and Robertson Stephens Inc.

The IPO is expected to price Tuesday for trading Wednesday under the symbol "RMBS" on the Nasdaq.
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