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

To: Don Green who wrote (35048)	11/23/1999 1:38:00 PM
From: Richard Habib	Read Replies (1) \| Respond to of 93625

So, he saved us time on the positive news. There were others to provide the negative news including myself. By the way, I'll give you my forecast on RMBS. It's the same as I previously posted. Dataquest says $68B DRAM market by 2002 or so. Cut that to $50B - Dataquest has been overly optimistic. During the next 6 months the expectation will be that RMBS will take 30-40% of that market. Figure 30% - $50B * 30% * .015 royalty * 60% margin * 65% tax rate / 25M shares = $3.51 eps * 35 PE = 123 share price. Sometime before next summer, RMBS will achieve about that share price on forward looking expectations. With competent options purchases that would yield 2-3X your investment. Rich