Another article from a week ago.
April 19, 1999, Issue: 1156 Section: Business & Finance Rambus' outlook
> marred by Intel delay Andrew MacLellan Rambus Inc. last week said
> earnings for the remainder of 1999 will be flat at best, following word
> earlier this year from development partner Intel Corp. that the
> introduction of its Camino chipset will be delayed until late in the third
> quarter. The Mountain View, Calif., memory-interface designer had hoped
> 1999 would prove a banner year. Having worked with Intel since late 1996
> promoting Direct Rambus DRAM-a high-speed memory technology for use in
> next-generation Pentium-based PCs-Rambus was about to see its ship come
> in. However, the delay of Intel's Camino chipset, which allows the Direct
> RDRAM memory chips to communicate with the processor, has frozen Rambus'
> short-term market opportunity. In a second-quarter earnings report issued
> last week, Rambus said year-to-year revenue increased by 2% for the period
> ended March 31. The company's sales slipped 7%, to $9.9 million, from the
> first quarter, but sales for the six-month period were up 7%, to $20.4
> million, from the same time frame in 1998. With the Camino launch date now
> pushed back to September, Rambus said it expects volume shipments of
> Direct RDRAM to begin in earnest in December, with royalties from
> licensees to follow by March 2000.
>
>
> Rob Schwartz
> 303/221-4144 phone
> 888/794-6854 pager
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