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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (21902)6/7/1999 7:00:00 PM
From: MileHigh  Respond to of 93625
 
from bloomberg:

Rambus Inc. (RMBS) rose 7 5/8, or 10 percent, to 80 1/2 and traded as high as 80 15/16. The designer of high-speed computer chips was raised to ''strong buy'' from ''outperform'' by Morgan Stanley Dean Witter analyst Mark Edelstone. He expects the stock will reach 150 within the next year. The company ''will become the most profitable semiconductor company ever in terms of margins,'' he said, looking ahead two to three years.



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