Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 91.42

+0.9%

Dec 18 3:59 PM EST

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To: Bilow who wrote (77009)	8/8/2001 7:03:22 PM
From: Steve Lee	Read Replies (1) of 93625

Bilow, if you work out how much cash MU have got, and how much their cost of production is, and how much they are earning (from both paper printing and DRAM manufacture), you might start wondering if they will be in a situation where they can continue to produce. If prices stay stable thru August, then ave DRAM prices for MU's current Q will be less than 50% of ave prices during the prev Q. They are gonna lose more than a billion dollars from operations in the rest of this year if DRAM prices don't pick up. Their recent convertible brought in what, $400MM? How much paper can they print? Who is gonna bale them out? Do you have a guess of how low MU stock price may go in the next few months? Edit - BTW, I have been buying MU puts today and yesterday.

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