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

To: wily who wrote (36897)	2/6/2000 3:56:00 PM
From: Orion	Respond to of 93625

Rambus already spending some money in Tessera. cbs.marketwatch.com Tessera attracts big name investors Rambus, LG Electronics take stake in chip company By Susan Lerner, CBS MarketWatch Last Update: 2:26 PM ET Feb 6, 2000 NewsWatch NEW YORK (CBS.MW) -- Tessera Inc., the semiconductor industry's leading provider of chip-scale packaging technology, announced Sunday that it closed its mezzanine round of financing, securing $29.4 million. Relatively unknown by investors because of its closely held status, San Jose-based Tessera is attracting the attention of some more well-known companies. The $29.4 million came from a diverse group of institutional and strategic investors including new investors Landmark Partners and LG Electronics (LGETF: news, msgs) and Rambus Inc. (RMBS: news, msgs) as well as existing investors including CSK Venture Capital Co. Ltd., Investor AB, Patricof & Co. Ventures, Inc., and Ticonderoga Capital. Warburg Dillon Read LLC was the underwriter. "We're well positioned to leverage our technology and IP to meet growing customer demand, penetrate new markets, form strategic partnerships and drive standards in chip-scale packaging," Bruce McWilliams, president and CEO of Tessera said, adding that the financing will accelerate the company's evolution from a technology-driven company to a market-driven company. Tessera is gearing up to meet growing customer demand for its technology driven by the industry's need for wireless communications and Internet access devices to be smaller, faster and cheaper. It will expand its efforts in marketing, business development, technology development, services, and intellectual property enforcement. Tessera's flagship CSP technology has been adopted as the de facto standard for a number of semiconductor applications, and the company currently licenses its advanced packaging technology to more than 30 assembly and semiconductor companies including Amkor (AMKR: news, msgs), Advanced Micro Devices (AMD: news, msgs), Hitachi (HIT: news, msgs), Hyundai, Intel (INTC: news, msgs), Sony (SNE: news, msgs), ST Microelectronics (STM: news, msgs), and Texas Instruments (TXN: news, msgs). Additionally, Tessera reported that its revenue for the fourth quarter of fiscal 1999 grew 85 percent over the third quarter. The company attributed the hefty gain primarily to royalties generated by ramp in production of ICs using Tessera's CSP technology, now shipping over 50 million devices per quarter. These ICs include SRAMs from Samsung and Flash chips from Intel and other manufacturers that are used in wireless handsets and Rambus DRAMs, which will be used in PCs and the new Sony PlayStation 2 game console. Tessera also reported its fourth-quarter royalties grew more than 200 percent, sequentially.

To: wily who wrote (36897)	2/6/2000 4:05:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 93625

Wily, give me a break, Stan Ovshinski has a long history, including going through more than $200 MM of OPM (and that is just in ENER, Gardner and the public must have sunk $100 MM in OVON, now defunct, and probably another $200 MM of government money has gone down the same drain in the last 30 years or so). What does he have to show for it? Sales under $10 MM annually in ENER after more than 30 years of going through zillions of OPM. These materials have been around since the late 70', and so far they are still the "electronic materials of the future". Every so often you get another hype campaign getting few other suckers into the stock, right now it is the electric car hype. Now, Tyler is a great guy, but so was Amdhal and look at what happened with Trilogy. Until these devices are here, I would not worry too much. Good luck. Zeev PS those calculations based on the "atomic radius" could also use a factor of 4 correction since it is the lattice parameter (typically around 4 angstrom, rarely 2) that determines the packing density of atoms, not the atoms themselves. When corporate literature try to squeeze out of nature more than what nature is willing to give, my warning flags go up.