Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 124.77

-0.9%

Jan 22 3:59 PM EST

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To: Gary Wisdom who wrote (3695)	4/14/1998 11:36:00 PM
From: Gary Wisdom	Read Replies (2) of 93625

Here's another news story from today's WSJ. Now, you know they must be short Rambus. S. Korea's Hyundai Elec Sets Up U.S. DRAM Chip Devt Co SEOUL (Dow Jones)--South Korea's Hyundai Electronics Industry Co. (Q.HEL) said Tuesday it has set up a semiconductor development company in San Jose to develop value-added dynamic random access memory chips, or DRAMs. Hyundai Dynalogic, established by the chip-design division at U.S. unit Hyundai Electronics America, plans to develop high-value-added products such as Rambus and graphic DRAMs, which command higher profit margins. Rambus DRAMs were developed by the U.S.'s Rambus Inc. (RMBS) and are said to be much faster than conventional DRAMs. The new company will develop an upgraded version, the 72Mbit Direct Rambus DRAM. The chips will then be manufactured at Hyundai Electronics' plant in South Korea. Hyundai Electronics expects annual sales at the unit to reach $3.5 million in the year 2000. Shares of Hyundai Electronics Industry, a unit of the country's Hyundai Group, closed Tuesday unchanged at KRW22,000 on volume of 254,330 shares. -By Shin Jung-won; 822-732-2165; jwshin@ap.org

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