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Strategies & Market Trends : The Amateur Traders Corner

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To: Art M who wrote (9029)	5/4/2001 3:06:41 PM
From: Tom Hua	Read Replies (2) of 19633

15:04 ET Rambus (RMBS) 15.50 -2.65: -- Update -- Edelstone did downgrade to NEUTRAL; saying that judge has granted Infineon's (IFX) motion for summary judgment; effectively ruling against Rambus' patent claims. Edelstone sees downside in stock to $10-12. Cypress Semi (CY) 22.11 +0.11: Coming out of Merrill's Hardware Technology Conference, CY reiterates Q2 revenues in the range of $200-210 mln; does not expect to see a recovery in the WAN/SAN market until early 2002 with no real reduction in inventory in March quarter.

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