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Rambus Inc. Message Board

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  • slimchance22 slimchance22 Jul 12, 1999 9:54 AM Flag

    Insiders Sell - Run for the Hills

    OK, assume their selling had nothing to do business. Since they all sold at prices lower than what we have today, then they are just really poor traders, right??

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    • 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.

      • 1 Reply to yhmills
      • 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.

 
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