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

To: $Mogul who wrote (39708)	4/12/2000 5:14:00 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

Rambus tops 2Q estimates April 12, 2000 4:59pm By Larry Barrett ZDII Rambus hurdled analysts' estimates in its second quarter Wednesday, posting a profit of $4.9 million, or 15 cents a share, on sales of $15.7 million. First Call consensus expected the chipmaker to earn 14 cents a share in the quarter. Rambus (Nasdaq: RMBS) shares closed off 32 3/16, or 13 percent, to 213 13/16 ahead of the earnings report. The $15.7 million in sales marks a 59 percent improvement from the year-ago quarter when it pocketed $2.9 million, or 8 cents a share, on sales of $12 million. Company officials said it exited the quarter with $96 million in cash. Meanwhile, deferred revenue decreased to $35 million from $44 million in the prior quarter. Rambus shares moved up to an all-time high of 471 in March after announcing a 4-for-1 stock split. Its shares were trading at 51 1/2 last April. First Call consensus expects it to earn 61 cents a share in the fiscal year. Two of the four analysts' following the stock rate it either a "buy" or "strong buy" while the other two analysts call it a "hold."