Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Andreas Labrakis who wrote (10471)	6/22/1998 2:29:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

RMBS an article in FORTUNE magazine dated July 3: ......It has been said tht RMBS stock is down solely because of rumours including one that Intel would not be supporting the Rambus' standard. This combination of obstacles spooked investors. Internet message boards again fanned the flames. A rumor circulated on the Net that Intel would back away from supporting Rambus' standard. This was countered by speculation that Intel itself was spreading the gossip as part of its negotiating strategy. According to the article "Rambus fell victim to competitors' envy and craftiness. Some of the same companies licensing Rambus' technology began work on an alternative interface, called SyncLink. Simultaneously, existing memory chip technology--which Rambus' interface was meant to replace--became cheaper, dampening the appetite for more expensive chips. The article goes to cite analysts' that have not given up on RMBS but quite the contrary: SyncLink doesn't appear to be such a threat. Its interface will be only about half as fastas Rambus'. And it will work better in servers than in the mainstream PC market, say analysts. More important, Intel will still adopt Rambus' interface, just a quarter or two behind schedule, says Mark Edelstone of Morgan Stanley. "If anything, Rambus'fundamentals have gotten better. It's a story where we're waiting for earnings power to kick in," Edelstone says. "We strongly believe it will happen starting second quarter of next year. Everything between now and then is just noise." The stock will reach $100 in the next six to 12 months, says Rob Chaplinsky, an analyst with Hambrecht & Quist........ I think RMBS can be looking at a trend reversal, It reports on July 10 and perhaps its fans are getting ready for positive anticipation of a good quarterly report. *excerpts of article reprinted courtesy of FORTUNE magazine from Issue date: July 3, 1998