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


To: Victor Lazlo who wrote (23057)6/21/1999 8:14:00 AM
From: Dutch  Respond to of 93625
 
In the Sunday Atlanta Journal and Constitution in the technology section there is an article about Sony Play Station II's American made chip. It goes on to say that the chip is so much more powerful than any that have preceeded, it that the folks in D.C. had to approve any exports to China. They are worried that it may be used for bomb making purposes.

Oddly enough it will ship to Hong Kong in the mean time.

Thx. Dutch



To: Victor Lazlo who wrote (23057)6/21/1999 8:48:00 AM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Victor,

Again, the answer: because there is no certainty of the analysts' firms getting underwriting fees from RMBS. Everyone knows this, Don.

I have mentioned this before as well. RMBS does not need to float any more debt or issue stock, doesn't look like they will be doing any hostile takeovers and will, if anything, buy their shares back with all the cash. Hardly an investment bankers dream account!? <gg>

It doesn't make the company any less valuable though!

MileHigh