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

To: KM who wrote (14030)	1/22/1999 10:19:00 AM
From: WineOh	Respond to of 93625

Did you all see this? """Friday January 22, 12:27 am Eastern Time Hyundai eyes $400 mln Rambus chip sales SEOUL, Jan 22 (Reuters) - South Korea's Hyundai Electronics Industries Co said on Friday it aimed to sell $400 million worth of Rambus dynamic random access memory (DRAM) chips this year. Hyundai said in a statement the figure would represent about a 15 percent share of the global market which has been forecast to total some $2.6 billion in calendar 1999. Hyundai also said it would invest $170 million during the first half of this year in the Rambus DRAM production sector alone so that it can begin mass producing the chips. Direct Rambus DRAM adopts a memory accelerating technology developed by Rambus Inc (Nasdaq:RMBS - news) which licenses its technology to almost every major personal computer maker. Analysts say the chip is considered a lower cost alternative to synchronous DRAM chips with equal or better speed. Hyundai Electronics is a unit of South Korea's giant Hyundai Group [HYGR.CN] and is set to acquire another Korean chipmaker LG Semicon Co .""" Thought you'd like it WineOh