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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.78+5.3%2:23 PM EST

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To: Scumbria who wrote (55946)9/30/2000 1:36:06 PM
From: Dave B  Read Replies (2) of 93625
 
Scumbria,

They were trying to explain poor earnings. I assume that implies weak overall demand.

Europe is a pretty big place. England, France, Holland and Belgium alone have as many people as the US.


That's an incorrect assumption and you can read about it in today's Merc (Business Section -- the article on the P4 delay and Timna cancellation).

The weak demand is in Europe only, and it's primarily due to the weak Euro driving up the cost of imports (from other reports, not the Merc) creating "sluggish demand" as the Merc calls it. It is not a worldwide weakness in demand from anything I've read or heard.

Dave
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