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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 113.83-6.4%Jan 30 9:30 AM EST

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To: RetiredNow who wrote (2735)1/13/1998 4:15:00 PM
From: PMylnar  Read Replies (1) of 93625
 
RMBS/MU- DRAM prices are moving up because the Koreans have no cash to buy resin for packaging thier DRAMs. MU being the most profitable DRAM company in the world (not saying very much right now) is the main beneficiary of this. RMBS trades in tandem with MU. Therefore w/MU going up (the chart turned positive 5-7 days ago- broke through the 50 day MVA and held a couple of days ago), Rambus is moving up as well. IMO.
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