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


To: jaall who wrote (38707)3/22/2000 1:51:00 PM
From: Marcel  Respond to of 93625
 
dailynews.yahoo.com


``We believe that Rambus offers significant earnings power,' Edelstone said in his note to clients. ``Since we believe that Rambus DRAMs (chips) will account for half of the overall DRAM market by 2003, we believe that the company's three-year growth rate will exceed our prior expectations, and we have adopted a three-year (2000-2003) compound annual growth rate of 130 percent.'

He noted that as royalty revenues increase during the next several years, Rambus's net margins should be able to exceed 50 percent.

``They will probably end up becoming one of the highest profit margins ever enjoyed by a semiconductor-based company,' he wrote.