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

To: MileHigh who wrote (19766)	5/9/1999 2:24:00 PM
From: unclewest	Read Replies (2) \| Respond to of 93625

milehigh, i am trying to understand your concerns. it may be worth revisiting this piece of news. it is only 3 weeks old. particularly the last 2 paragraphs. note the new licensees and design wins announced this year. it hardly seems to demonstrate a lack of industry support. in fact it indicates awesome support. hype, conjecture, rumor and fud are a part of all threads. this thread including you usually backs up statements and analysis with an appropriate related reference. we have all seen all the news. we will all agree with your thought that if intel stops supporting rdram, rmbs will be in trouble. but i cannot find a single reference that indicates that to be the case. in fact everything i read indicates that intel is fully behind rdram with 100% support even to the point of investing $600 million "this year" in companies that will produce rdram. what makes you think intel has changed course in the past few weeks and is now backing up? MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 14, 1999--Rambus Inc. (Nasdaq:RMBS) today reported financial results for the three and six month periods ended March 31, 1999. Second quarter revenues of $9.9 million were up 2% over the same period last year, and down 7% from the previous quarter. Revenues for the first six months of fiscal 1999 were $20.4 million, an increase of 7% over the same period in fiscal 1998. Operating income for the second quarter was $1.6 million, compared to $2.2 million in the same period last year and $2.4 million in the previous quarter. For the six-month period, operating income decreased to $4.0 million from $4.4 million last year. Second quarter diluted earnings per share were $0.08 compared to $0.07 in the same period last year and $0.08 in the previous quarter. Diluted earnings per share for the first six months of fiscal 1999 were $0.16 compared to $0.14 for the same period in fiscal 1998. The Company's results for the second fiscal quarter of 1999 includes $713,000 in other income as a result of the gain on sale of an investment security. With Intel now indicating a September launch of its Rambus-based chipset for use in PC main memory applications, the Company anticipates major volume shipments of Rambus ICs for the PC market will start in the December quarter with royalties from this source following in the March 2000 quarter. Since additional expenses to support this launch are still anticipated, the Company now expects its earnings to be no better than flat compared to second quarter results through the balance of calendar 1999. The outlook for Rambus to become the next memory interface standard continues to be very bright. During the quarter, Rambus announced its mobile memory solution and Intel stated that it would provide chipset support for Rambus DRAMs in mobile platforms beginning in 2000. At the February Intel Developer Forum, the Intel materials showed Rambus being introduced for performance desktops later this year, for mobile PCs in 2000, and migrating through all segments of desktop and mobile PCs as well as workstations by the end of 2001. In addition, in what may become one of the most significant design wins for Rambus aside from Intel, Sony announced the use of Rambus technology in its next-generation PlayStation II video game system scheduled to debut in Japan this winter and in the U.S. and Europe in autumn of 2000. Additional licensees of Rambus technology announced during the quarter included Winbond, as the fifteenth RDRAM licensee; Acer Labs, for PC chipsets; Hewlett-Packard; National Semiconductor, for integrated processors developed by its Cyrix subsidiary; and SwitchCore, for next-generation network switch products. Also, two major Taiwan foundries-TSMC and UMC-announced foundry services for Rambus chip customers. edited.. shortened..