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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 114.52-8.2%1:11 PM EST
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To: Ibexx who wrote (3064)2/18/1998 10:11:00 AM
From: Ibexx  Read Replies (2) of 93625
 
H&Q Update (3/18) on Rambus -- Read at Your Own Risk:
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Intel Confirms Direct RDRAM On Track for Volume in 1999; Reiterate Buy Rating and $100 Price Target

Summary:

1) Intel Confirms that beginning i 1999, Direct RDRAM will follow SDRAM-100 as the next PC main memory standard.

2) Intel's desktop PC main memory roadmap positions Direct RDRAM top-to-bottom by mid-2001.

3) Direct RDRAM should penetrate the sub-$1,000 PC segment earlier than anticipated as Intel is now accelerating the adoption of the Rambus RIMM module by supporting both SDRAM and Direct RDRAM.

4) We reiterate our Buy rating and $100 price target on RMBS.

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Ibexx
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