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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 113.83-6.4%Jan 30 9:30 AM EST

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To: Glenda King who wrote (28626)9/3/1999 8:29:00 AM
From: Estephen  Read Replies (2) of 93625
 
Rambus On Hold: Intel excused itself and put Rambus on hold
Thursday, as the chip giant decided how it could break the bad news
to its memory chipset supplier. Due to troubles in making Rambus
technology work on Intel chips, Intel won't start using Rambus
chipset technology as soon as planned. The news crushed investor
confidence in Rambus and caused a 5-percent drop in Rambus'
stock. The chip giant is Rambus' main customer, but will roll out a
whole new generation of chips using its existing memory chipset,
leaving Rambus to sit in the waiting room until it is called on again.
On the bright side, worldwide sales of semiconductors totaled
$11.55 billion in July 1999, up 19.3 percent from a year ago.

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