Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 91.42

+0.9%

3:59 PM EST

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To: Dave B who wrote (45528)	6/22/2000 1:07:00 PM
From: Don Green	Read Replies (1) of 93625

Rambus shares rise on forecast of high chip demand By Bloomberg News June 22, 2000, 9:20 a.m. PT URL: news.cnet.com Shares of memory designer Rambus rose as much as 12 percent today after Samsung Electronics predicted that sales of memory chips based on Rambus' designs would surge more than 10-fold in the next two years. The shares rose $7.38 to $100 in early-afternoon trading on the Nasdaq after reaching $103.50 in the morning. They have risen almost sixfold this year. Rambus chips boost the speed of personal computers and other devices. Samsung, a leading maker of memory chips, forecasts that industry-wide sales of Rambus-based semiconductors will climb to $38 billion by the end of 2002. Seoul-based Samsung said the share of its memory production that uses Rambus' designs will double in 2001. Shares of Mountain View, Calif.-based Rambus rose 9.5 percent Monday after analysts said NEC and Hitachi had joined Toshiba in agreeing to pay royalties for use of Rambus' computer-memory patents. Copyright 2000, Bloomberg L.P. All Rights Reserved.

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