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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.35-0.4%Nov 25 3:59 PM EST

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To: Don Green who wrote (47154)7/13/2000 1:28:38 AM
From: Don Green  Read Replies (1) of 93625
 
Rambus Up 8%; Co.'s CFO Says Stock Is Always Volatile
Dow Jones Newswires

By Donna Fuscaldo
NEW YORK -- Shares of Rambus Inc. (RMBS) were up as much as 8% Wednesday, and a company official was unable to explain the reason for the increase.

The stock is "very volatile on a day-to-day basis," , Rambus Chief Financial Officer Gary Harmon told Dow Jones Newswires Tuesday. The stock fell 10% Tuesday and "today it is back up," he said. Harmon said there has not been any news out of Rambus to warrant the rise.

Shares of Rambus recently were up 6 1/4, or 7.2%, to 93 1/2 on Nasdaq volume of 4.1 million. Average daily volume is 18 million.

Shares hit an intraday high of 94 15/16 compared with a 52-week high of 127 reached June 23 and a low of 14 5/8 on Sept. 27.

-By Donna Fuscaldo, Dow Jones Newswires; 201-938-5670
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