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Politics : RAMTRONIAN's Cache Inn
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To: gammaray who wrote (5452)5/10/1998 8:01:00 PM
From: Peace  Read Replies (1) of 14464
 
MG has also reaffirmed buy with $12 target. He has revised his estimates for 98 from -0.12 to -0.20. He thinks the stock has bottomed . Based on CC he says that the management is now optimistic that SGS Thomson will extend and expand MOU. Management is in preliminary discussion to install FRAM process in SGS's Catania memory fab. Another significant partnership likely in 3Q. Sounds like we need another qtr or two before we see $9.
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