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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 662.63+0.4%Nov 19 4:00 PM EST
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To: shasta23 who wrote (23953)10/12/1999 4:21:00 PM
From: d. alexander  Read Replies (1) of 68145
 
>>>So let's wait if we can hear the cavalry (intc's earnings) approaching in the distance to rescue the bulls tomorrow

nice idea... I went looking for the earnings & found this. What an opera! I wonder if Clint bought RMBS. He has wonderful antennae.

DJ Rambus Stk Up 8%; Online Talk Of Intel Chipset Fix Cited

By Mark Boslet
PALO ALTO, Calif., (Dow Jones)--Speculation that Intel Corp. (INTC) repaired its ailing 820 Camino chipset sent shares of Rambus Inc. (RMBS) sailing upward as much as 8.6%.

But analysts questioned whether Intel could have repaired the 820 so rapidly. The company had postponed a late September introduction of the chipset because it had produced memory errors in some computers.

Rambus is promoting a new kind of high-speed computer memory chip, called an RDRAM, and the product depends on the Intel chipset to communicate with a computer's central processor.

The delay in the 820 had been a blow to Rambus. But on its Web site Tuesday, Forbes Magazine published an article suggesting the chip had been repaired. The news story said Intel had plans to introduce the 820 as soon as Friday.

Intel and Rambus spokespersons had no comment on the claim.
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