Rambus Director Dunlevie Bought 60,000 Co Shares In July
FFBN SOURCE: SEC 4
ISSUER: RAMBUS INC. SYMBOL: RMBS
WASHINGTON (FFBN)--Rambus Inc. (RMBS) director Bruce Dunlevie bought 60,000 shares of the company's common stock in July, according to a Form 4 released Friday by the Securities and Exchange Commission.
Dunlevie bought 30,000 shares July 21 for about $89.31 a share and 30,000 shares July 27 for about $68.98 a share. He directly owned 260,860 shares at the end of July.
As reported, Rambus shares fell 11% July 26 after Intel Corp. (INTC), one of its biggest partners, said it would support the use of non-Rambus memory chips with its new Pentium 4 processor.
Rambus recently traded Friday at 81 15/16, up 15/16-point.
Based in Mountain View, Calif., Rambus designs, licenses and markets high bandwidth chip connection technologies for multimedia, networking equipment and digital television markets.
-Brian Callaghan; 202-628-8903 (END) FEDERAL FILINGS-DOW JONES NEWS 08-18-00 15:2008/18/00 15:20 |