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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.95-1.9%1:41 PM EST
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To: REH who wrote (14210)1/26/1999 11:12:00 AM
From: REH  Read Replies (2) of 93625
 
1999 market size for RDRAM based upon Hundai's numbers:

Hyundai eyes $400 mln Rambus chip sales
SEOUL, Jan 22 (Reuters) - South Korea's Hyundai Electronics Industries Co said on Friday it aimed to sell $400 million worth of Rambus dynamic random access memory (DRAM) chips this year.

Hyundai said in a statement the figure would represent about a 15 percent share of the global market which has been forecast to total some $2.6 billion in calendar 1999.

$ 2.6 billion at a royalty rate of
1.5% gives Rambus $ 39M / 25M shares = $ 1.56/share
1.25% gives Rambus $ 32.5M / 25M shares = $ 1.30/share

reh

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