Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.22

-1.4%

3:30 PM EST

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To: Ibexx who wrote (117)	6/9/1997 1:04:00 PM
From: Ibexx	of 93625

All, A second buy recommendation was just announced by Robertson Stephens. Monday June 9 12:18 PM EDT RESEARCH ALERT - Robertson Stephens starts Rambus NEW YORK, June 9 (Reuter) - Robertson, Stephens & Co said analyst Dan Niles initiated coverage of Rambus Inc (RMBS) with a buy rating. * said Rambus is the pioneer in developing high speed DRAM (dynamic random access memory) solutions. * said expects Rambus to earn $0.20 a share in fiscal 1998 and $0.45 a share in fiscal 1999. *said ``We believe that the earnings upside is explosive, especially by the year 2000 .... we believe the DRAM market will be roughly $50 billion by 2000 versus $25 billion in 1996.'' ___ Glad I didn't wait and bought a half position. Ibexx

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