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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: Stcgg who wrote (55033)	6/22/2000 8:05:00 PM
From: Michael Watkins	Read Replies (1) of 99985

-22-00 05:50:57 PM After the Bell - Rambus adds to gains NEW YORK, June 22 (Reuters) - Shares in Rambus Inc. (RMBS.O) gained in after-hours U.S. trading on Thursday after the semiconductor technology firm said it settled its patent lawsuits against Japanese electronic machinery maker Hitachi Ltd. (6501.T). Rambus shares traded as high as 144-1/64 on the Island electronic system. The stock closed up 4-1/2 at 97-1/8 on Nasdaq. Rambus was quoted at 137-3/4 on Island and traded at 140 on the Instinet system. Under the settlement, Hitachi agreed to pay Rambus a licensing fee to use the technology, which deals with high-speed memory interfaces used in semiconductors. Further details were not disclosed

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