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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.53+0.7%12:59 PM EST

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To: Jeff Jordan who wrote (712)8/6/1997 5:19:00 PM
From: Linkster   of 93625
 
Jeff & All

Short interest on Rambus is reflected in IBD's Daily Graphs (1 August) as being 2 days at an average daily volume 316,000 shares. This represents a 468% increase over the last report.

The authorized shares remains at 21.5 mil with a 11.2 mil float. I said in an earlier post today that I would check on the percentage of shares owned by mutual funds and banks. They remain at ZERO for both groups and I have no doubt that when MF portfollio managers, especialy in the tech sector, begin to recognize and understand Rambus, its market visibility will increase dramatically, which will drive its price out of sight- "over time".

The one question which our technical board members should address is the significance of the auctioning off of 45 of the now defunct Exponential Technology's Inc's patents. The WSJ said these patents could develop next generation microprocessors chips that may match features found in Intel's chips. Could this have any signifciant effect upon Rambus?

Regards,
Linkster
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