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

To: Boplicity who wrote (23927)	6/29/1999 3:26:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 93625

rambi bambi, how's a macho biker guy come up with something like that? LOL..... bp

To: Boplicity who wrote (23927)	6/29/1999 3:26:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Rambus rallies with 'strong buy' rating Analyst sees progess for DRAM technology By Cecily Fraser, CBS MarketWatch Last Update: 3:15 PM ET Jun 29, 1999 NewsWatch Earnings Surprises NEW YORK (CBS.MW) -- Shares of Rambus jumped 8 percent Tuesday after Morgan Stanley Dean Witter reiterated a "strong buy" rating on the chip-technology company amid a positive outlook for its DRAM-based personal computer technology. Rambus (RMBS: news, msgs), whose interface technology speeds up the exchange of signals between a computer's memory and logic chips, saw its stock rise 6 7/8 to 97 3/8. Shares traded as high at 99 1/8 earlier in the session. In a research note, analyst Mark Edelstone said chip giant Intel (INTC: news, msgs) is plugging its support of Rambus technology. He said Intel's 820 chipset will be ready to support Rambus DRAM-based PC introductions before the end of the third quarter. Intel has "qualified" memory chips made by Hyundai Electronics and Infineon that use Rambus technology. Micron Technology (MU: news, msgs) has said that development of memory chips that use Rambus technology is its most important initiative, according to Edelstone. The analyst also said he expects Advanced Micro Devices (AMD: news, msgs) to announce later this summer that its new Athlon K7-based chipset will support Rambus DRAMs. The analyst set a 12-month price target of $150 and set earnings estimates of 32 cents a share for 1999 and 80 cents in 2000.