Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.72

+5.2%

3:59 PM EST

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To: wily who wrote (8983)	10/29/1998 8:00:00 AM
From: MileHigh	Read Replies (2) of 93625

wiley, I got through and have printed off. It is a must read for all RMBS investors. They have set the following qualifiers to the $500M investment- ALL specifically benchmarked against RDRAM ramp up: -First minimum production milestones -first minimum required production -first production milestone date -qualified cap ex's against RDRAM -second minimum production milestone -second minimum required production -supply agreement -volume production agreement -etc... And if these milestones and qualifiers are not met, then Intel has also included a conversion ratio to reduce their investment accordingly. We all knew this was about RDRAM, but it is all spelled out in writing. No serious RDRAM production = no $$'s. Again, I see this as being a watershed moment!! Regards, MileHigh

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