Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 102.78

+4.7%

9:53 AM EST

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To: Dan3 who wrote (33276)	10/29/1999 4:47:00 AM
From: unclewest	Read Replies (1) of 93625

HK stocks close up on short-covering, Wall Street HONG KONG, Oct 29 (Reuters) - Hong Kong stocks staged a late charge to close on Friday nearly four percent higher in a rally underpinned by short-covering and by another surge on Wall Street. The Hang Seng Index (^HSI - news) ended up 498.07 points or 3.90 percent at 13,256.95. In the broader market, advances outpaced declines by 334 to 223. Traders said the market spiked on a combination of short-covering and Wall Street's more than two percent overnight gain. ``It looks as though sentiment in the market is getting quite a lot better,' said South China Securities director Howard Gorges, warning that he expected continued choppy trading. The cash market lagged the futures market during the session. ``The futures are leading the way,' said Geoff Galbraith, vice president, institutional sales, with DBS Securities.

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