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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.82+2.7%Nov 26 3:59 PM EST

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To: Alan Hume who wrote (17821)3/25/1999 4:31:00 PM
From: REH  Read Replies (1) of 93625
 
Marketwatch:

Semiconductors, hardware

Micron Technology (MU) reported a profit of 11 cents a share, well above the penny-a-share consensus forecast that emerged in a First Call survey. Shares fell 3 3/4 to 48 1/4. See full story.

Other chip stocks were also showing some strength. Texas Instruments (TXN) rose 2 11/16 to 97 3/8. Chip-equipment maker Applied Materials (AMAT) was up 3 1/16 to 60 1/2.

Rambus (RMBS) shares leaped 6 3/16 to 67 1/4 after Morgan Stanley Dean Witter analyst Mark Edelstone reiterated an "outperform" rating on the stock. LSI Logic (LSI) rose rose 1/2 to 26 1/2. On the downside, shares of industry bellwether Intel (INTC) lost 1/2 to 118 3/4.

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