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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE
RMBS 92.90-0.5%Jan 12 3:59 PM EST

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To: James Fulop who wrote (1434)3/10/2000 8:59:00 AM
From: Barry Grossman  Read Replies (1) of 2039
 
biz.yahoo.com

Friday March 10, 8:22 am Eastern Time
Rambus board approves 4-for-1 stock split
MOUNTAIN VIEW, Calif., March 10 (Reuters) - Rambus Inc., (NasdaqNM:RMBS - news), a developer of chip connection technology that speeds up computer performance, said its board had approved a four-for-one stock split.

The split is subject to stockholder approval of an increase in authorized common shares to 500 million. Stockholders of record March 30 will be able to vote on the proposed increase at a special meeting May 23.

The stock split would increase the number of Rambus common shares outstanding to about 96 million.

If stockholders approve the increase in common shares, the record date of the stock split is expected to be May 24, with the pay date June 14.

Assuming stockholder approval, the company expects its common stock to begin trading on a post-split basis around June 15.
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