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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%3:59 PM EST

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To: StanX Long who wrote (58685)1/11/2002 12:49:51 AM
From: StanX Long  Read Replies (1) of 70976
 
Stocks to watch Friday
January 10, 2002: 5:55 p.m. ET

Rambus and Rational beat the Street; Borders raises guidance.

money.cnn.com

NEW YORK (CNN/Money) - Technology earnings arrived after the bell Thursday with chipmaker Rambus and Rational Software beating Wall Street forecasts.

Rambus (RMBS: Research, Estimates), which makes money primarily from licensing its technology used to speed up computer memory systems, said it earned $6.2 million, or 6 cents per share, in its fiscal first quarter.

The company's most recent profit is half what it earned during the same quarter last year but was 2 cents per share better than the 4 cents per share analysts generally had been expecting, according to two analysts surveyed by earnings tracker First Call.

The stock rose 64 cents to $9.23 after hours.

Rational Software (RATL: up $0.33 to $22.17, Research, Estimates) logged a fiscal third-quarter operating profit that topped analysts' expectations on sales that slipped 21 percent from the same period last year.

After hours shares of Rational rose 43 cents to $22.60.
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