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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE
RMBS 99.28+8.0%Jan 2 9:30 AM EST

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To: Glenn Norman who wrote (909)2/10/2000 3:22:00 PM
From: Orion  Read Replies (1) of 2039
 
I see that the shm went well and that all posters who attended came back more bullish than ever.
A very nice move up today, probably due to shorts covering, may be based on these declaration of Eddelstone.
Hope you ordered a beer for me ... :-)
Orion

quicken.com

Chewing on chip stocks

Positive energy from the personal computer sector spilled over to chip stocks. The Philadelphia Semiconductor Index (SOX: news, msgs) rose 2 percent, thanks to a firm tone in shares of Rambus (RMBS: news, msgs), up 6 15/16 to 85 13/16. Rambus' technology speeds up the exchange of signals between a computer's memory and logic chips. The company licenses its designs to semiconductor makers, including Intel.

Morgan Stanley Dean Witter's Mark Edelstone, anticipating details about Intel's seventh-generation microprocessor unit, said in a research note that Rambus figures "squarely" in Intel's new technology plans. Intel (INTC: news, msgs) shares rose 1 to 105 5/8. The chip giant is expected to show off its new technology at a developers' forum it's hosting next week. See Hardware Report.

Despite some festering doubt about whether Rambus licensing has a future with Intel, Edelstone says "Intel is highly committed to Rambus, and its roadmap should support this view."
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