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


To: RetiredNow who wrote (2735)1/13/1998 3:03:00 PM
From: LoLoLoLita  Respond to of 93625
 
No one ever went broke from underestimating the intelligence of the
American stock buyer.

I think that Chaplinsky is a moron with his $100 "lay up"
price target for RMBS. INTC is not stupid. But, even if they
wanted to pay maybe $400 M, I doubt they'd get the FTC approval.

Up 13% because they may make 5 cents. Hah!!



To: RetiredNow who wrote (2735)1/13/1998 4:15:00 PM
From: PMylnar  Read Replies (1) | Respond to of 93625
 
RMBS/MU- DRAM prices are moving up because the Koreans have no cash to buy resin for packaging thier DRAMs. MU being the most profitable DRAM company in the world (not saying very much right now) is the main beneficiary of this. RMBS trades in tandem with MU. Therefore w/MU going up (the chart turned positive 5-7 days ago- broke through the 50 day MVA and held a couple of days ago), Rambus is moving up as well. IMO.