Rambus earnings look good now, better later
By Stephen Shankland
Staff Writer, CNET News.com
January 14, 1999, 4:00 a.m. PT
Rambus, a high-speed memory designer and one of the highest fliers among semiconductor stocks, will likely post a decent profit today, but analysts don't expect the company to really take off until the second half of 1999.
The trigger that will start Rambus' revenue stream flowing is Intel's Camino chipset, which will enable mainstream computers to take advantage of memory built around Rambus' designs, said Dean McCarron, an analyst with Mercury Research. Camino is due in the second half of 1999.
Still, analysts expect the company to announce a profit when the company reports first quarter fiscal 1999 earnings this afternoon. Analysts expect earnings of eight cents a share, an increase over the six cents a share Rambus reported during the same quarter a year ago, according to First Call.
"The company is doing quite well," said Morgan Stanley Dean Witter analyst Mark Edelstone. "The quarter should be on track, in line to maybe slightly better" compared to analysts' expectations.
link: news.com
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