I heard a report about two weeks ago that talked about Paul Allen's diversification via selling millions of MSFT shares over the years. He is BILLIONS behind for his efforts. I forget the number, but I think it was in the range of $10-20B he has left on the table.
Any insider who sells shares of a growth stock before they absolutely has to will risk selling for less than what is possible to sell for at some point in the future.
In a research note, analyst Mark Edelstone said chip giant Intel (INTC: news, msgs) is plugging its support of Rambus technology. He said Intel's 820 chipset will be ready to support Rambus DRAM-based PC introductions before the end of the third quarter.
Intel has "qualified" memory chips made by Hyundai and Infineon that use Rambus technology. Micron Technology (MU: news, msgs) has said that development of memory chips that use Rambus technology is its most important initiative, according to Edelstone.
The analyst also said he expects Advanced Micro Devices (AMD: news, msgs) to announce later this summer that its new Athlon K7-based chipset will support Rambus DRAMs.
The analyst set a 12-month price target of $150 and set earnings estimates of 32 cents a share for 1999 and 80 cents in 2000.