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

To: GVTucker who wrote (73126)	5/17/2001 12:52:27 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

GV Tucker> When an analyst who works for the underwriter of the company's shares downgrades a stock, there is indeed a correlation. Rambus IPO Rambus floated out 2.75 million shares, raising $33 million in capital for the company. Underwriters Morgan Stanley, Hambrecht & Quist, and Robertson Stephens have the option of purchasing up to 412,500 shares to cover overallotments. news.cnet.com Do you have any idea what obligation or for how long an underwriter must maintain a positive outlook for a stock after the initial underwriting. MSDW held on to Rambus for much longer than did the other underwriters.