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


To: MileHigh who wrote (7552)9/28/1998 8:29:00 PM
From: Judy  Read Replies (1) | Respond to of 93625
 
OTOT

MileHigh, I use both Schwab 500 and Fidelity and am aware of this.

My sense is that Fidelity and Brown will be taking active trading clients away from Schwab in the not too distant future unless Schwab provides more value-added for the fees they charge.



To: MileHigh who wrote (7552)9/28/1998 8:41:00 PM
From: REH  Read Replies (1) | Respond to of 93625
 
Intel-Micron Rumor Fans Expectations For Chip-Technology Firm Rambus

Dow Jones Online News, Monday, September 28, 1998 at 18:31

NEW YORK -(Dow Jones)- Many investors are betting that Rambus
memory-chip design will become the personal-computer industry standard.
Rambus's technology, designed to enhance the performance of memory
chips, is supported by semiconductor giant Intel Corp. If the
architecture is adopted as the industry standard, all major producers of
DRAM, or dynamic random access memory, chips would have to use the
design and pay Rambus royalties.
Speculation that the Rambus design will become the standard grew
stronger last week, after a report that Intel is negotiating a minority
investment in Micron Technology Inc., a leading DRAM maker. One reading
of the reported move is that Intel is considering the investment as a
way to persuade Micron to use Rambus's design and pay the royalty.
Rambus's technology allows data to be transferred between chips at
very high speeds and was used in the popular Nintendo 64 game machine.
The company doesn't manufacture or market chips, but licenses its
technology to major chipmakers. Intel would incorporate Rambus-based
DRAM into its chip sets, which run a large percentage of PCs.
Other companies have been pushing different technologies to speed
communications between chips. But rival camps can't agree on a common
competing format. Dell Computer Corp. and Compaq Computer Corp.
confirmed plans to ship PCs with Rambus technology in 1999.
Morgan Stanley Dean Witter analyst Mark Edelstone is expecting Rambus
to generate $38 million in revenue this fiscal year ending September and
$42 million in fiscal 1999. Last year, the company reported revenue of
$26 million.
Nasdaq-listed shares of Rambus (RMBS) hit a 52-week high of $71.875
Monday, surpassing the previous high of $67.75 set July 15. At the
intraday high Monday, the stock was up $6.875, or 11%. The stock slipped
later in the day, however, tracking a late sell-off of technology
shares. In late trading, Rambus shares were down $1.875, or 2.9%, at
$63.125. The Nasdaq had been up as much as 26 points Monday, before
closing the session down 4.38.

My prediction:$ 80.00 by October 16th

reh