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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.20-3.3%Nov 20 3:59 PM EST

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To: MulhollandDrive who wrote (16505)2/23/1999 1:38:00 PM
From: REH  Read Replies (2) of 93625
 
Latest dispatches from the
Robertson Stephens tech show

By CBS MarketWatch
Last Update: 12:47 PM ET Feb 23, 1999 Earnings headlines
Silicon Stocks



The ongoing developers conference at Intel should help to remove the uncertainty surrounding the chip giant's relationship with Rambus (RMBS), analyst Dan Niles said at the Robertson Stephens conference Tuesday. "It's good to get this Intel thing out of the way," Niles said following Rambus' presentation to money managers. He was referring to a slip in the delivery of an Intel chip sets using Rambus technology. Originally expected in June, Intel will now ship the product in the second half of this year. Then, "It's off to the races" for Rambus, said Niles. Rambus will get most of its revenue from royalty agreements with Intel and other chip makers.



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