Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.23

-1.4%

Dec 1 3:59 PM EST

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To: Jeff Jordan who wrote (1237)	8/15/1997 9:46:00 AM
From: Ian@SI	of 93625

After today's WSJ coverage, I would have expected some selling pressure. Gist of story was: Rambus CEO Gary Harmon is telling anyone who will listen that the racecar ride in his company's shares has got to end. But the semiconductor maker's shares show little inclination to obey the speed limit. In the story, Lisa Branstein stated that Mr. Harmon thought putting more shares in the market might be the best way to stabilize the price. She also commented on the 750,000 shares freed up from the "lock-up" provision. Employees will be able to sell 10% of their holdings and officers and directors are allowed to sell 5%, but the venture capitalists will hold on to their shares.

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