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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 104.58+0.5%1:47 PM EST

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To: Barry Grossman who wrote (48196)7/28/2000 2:34:24 PM
From: multicollinearity   of 93625
 
<This is a MUCH bigger story than the market has reacted to as I write this>
I agree but the NAZ is down 160+ and the reaction is somewhat similar to this week's Intel news that was out around noon on Tuesday. Initially there was little reaction from the market that day, and the stock closed at 85. It took a day for the significance of the announcement to sink in, and Rambus closed down 10 on Wednesday. Since then it's been a popular topic with the media's talking heads. We may see the full impact of today's announcement on Monday. Unclewest aptly conveyed its significance with his bowling analogy, and it has to put some fear in those who have heavily shorted this stock.

Multico
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