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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 108.00+4.8%Jan 16 3:59 PM EST
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To: Ken Bobey who wrote (3728)4/15/1998 12:09:00 PM
From: Dr. Id  Read Replies (4) of 93625
 
I spoke to my H & Q broker. He said the drop was due to a consortium that announced that they are going to develop a similar DRAM chip that will be in direct competition with Rambus (not sure if this is the same news reported last night on the thread).
Their analyst (I guess this Chaplinsky guy) says that they will be at least three years behind RMBS and sees this as a buying opportunity. When the street realizes this, the stock should go back up (at least thats what my salesman...uh..I mean.. broker, told me!)

JB
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