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

To: richard surckla who wrote (26681)	8/8/1999 8:41:00 PM
From: Boplicity	Respond to of 93625

Rambus Shares Expensive, Forbes' Streetwalker Column Says Mountain View, California, Aug. 8 (Bloomberg) -- Shares of Rambus Inc., the maker of computer memory accelerating devices, are expensive at about seven times its IPO price of $12 in 1997, Forbes said in its ''Streetwalker'' column. The company is three years late in delivering its speed-enhanced memory chips and PC makers are still waiting for the first shipment. Intel, a key Rambus supporter, considered an alternative to using the Rambus technology in June because makers of PCs costing less than $1,000 didn't want to commit to a new, more-expensive type of memory, Forbes reported. Mountain View, California-based Rambus Inc. had $37.86 million in sales in fiscal 1998.