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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (40530)	1/6/2004 1:43:16 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69269

10:49 RMBS target raised to $47 at AmTech (31.12 -0.02) American Technology Research reiterates their Buy rating and raises their target to $47 from $35; firm believes that, bureaucratic delays notwithstanding, Rambus (RMBS) will prevail this year on both the "rule of law" front against Infineon and against the standards-setting bodies at the FTC; if this happens, firm says this should set-up their "realistic case" earnings scenarios for CY05 of $1.42, and for CY06 of $1.70. (Firm thinks the Infineon decision should come shortly after Jan 7, and expects an initial decision on the FTC case by Feb 17.)