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


To: MileHigh who wrote (16854)3/1/1999 2:37:00 PM
From: Don Green  Read Replies (3) | Respond to of 93625
 
Mar 1 Hutchinson Tech coverage initiated by Goldman Sachs -

Feb 10 Hutchinson Tech coverage initiated by Salomon Smth Brny -

Hutchinson Technology is a supplier of suspension assemblies for hard disk drives. Suspension assemblies hold the recording heads in position above the spinning magnetic disks in the drive. For the 13 weeks ended 12/27/98, revenues rose 75% to $155.3 million. Net income totalled $11.5 million vs. a loss of $11.5 million. Revenues reflect higher average selling prices. Earnings reflect improved manufacturing efficiencies and lower medical product development expenses.

biz.yahoo.com

Now why might Goldman and Salomon both jump on board this stock in the last few weeks but not Rambus..

hmmm?

Don