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Up-Grade Rambus (RMBS, $16.84, Hold=>Buy): Upgrading to Buy; Risk-Reward Turning Favorable on Legal Front! We are upgrading our investment rating on RMBS’ stock, to reflect our conviction that the legal risk-reward balance is tilting in RMBS’ favor. We believe that there will be a ripple effect of legal rulings, beginning with the FTC case which we believe is likely to favor Rambus. There is an increased likelihood that the Richmond, Virginia Federal District Court will also provide a summary judgment in RMBS’ favor, clearing the path for royalties on DDR & S-DRAMs. Our realistic case of $1.42 in EPS power for FY05 would drive a $35 price objective (based on a 25x PE multiple) for RMBS over the next 6-12 months. Sowie interessanter Link aus Yahoo http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=… |
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| aus der Diskussion: | Rambus jetzt kaufen! 01.10.03 bis $50 |
| Autor (Datum des Eintrages): | kurzweil (02.10.03 10:29:02) |
| Beitrag: | 2 von 7,076 (ID:10907336) |
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