Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 96.29

+2.2%

3:59 PM EST

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To: Estephen who wrote (82181)	11/1/2002 2:05:08 PM
From: Don Green	Read Replies (1) of 93625

Rambus Shares Rise After Toshiba Agrees to License Chip Design By Jason Kelly Los Altos, California, Nov. 1 (Bloomberg) -- Rambus Inc. shares rose as much as 13 percent after the company said Toshiba Corp. agreed to be the first manufacturer to license the computer memory-chip designer's newest product. The shares increased 70 cents to $6.28 at 12:39 p.m. New York time on the Nasdaq Stock Market. They had fallen 30 percent this year. Toshiba will be the first customer for Yellowstone, a design made for computer graphics and consumer electronics by reducing power use and moving signals more efficiently in and out of memory chips. Financial terms weren't disclosed. Prior Rambus designs are used in Toshiba chips for Sony Corp.'s PlayStation 2 video-game console and in Samsung Corp.'s high-definition televisions. ``It looks to me like Yellowstone is the frontrunner to power PlayStation 3,'' said Mike Crawford, an analyst with B. Riley & Co. who rates the shares of Los Altos, California-based Rambus ``buy'' and owns them.

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