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

To: Tony Viola who wrote (6760)	8/30/1998 2:51:00 AM
From: Michel Bera	Respond to of 93625

Tony, $1M (may be between $1M and $2M) is a classical VC first round participation for a SW project, after let's say $500K in seed funding. At this project level there are usually two VCs at most. So $1M is normal. I keep thinking that there is a fast market growing around what we call "nomadic objects" in Europe, for instance a camera bundled with cellular phone capabilities, that allows a kid at school to send in a burst - compression hence low telecom cost - a picture to another friend. Northern european telecommunication companies are working on this. A lot of products are targeting relation ships between older people in communities and the rest of the population : I have seen a nice prototype helping a kid at school make sure his grand-father is taking his pills at a specific time : "grandpamotchi"(EEC Esprit project "i3net" Maypole). All those new products are candidates for IRAM, more than RMBS. Regards, Michel