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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 108.00+4.8%Jan 16 3:59 PM EST
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To: Jamie Pleasant who wrote (20569)5/20/1999 7:45:00 PM
From: Don Green  Read Replies (2) of 93625
 
fm: Bloomberg

Rambus Inc. (RMBS) rose 4 3/4, or 5.8 percent, to 86 1/8 and traded as high as 89 amid optimism about Intel Corp. (INTC)'S planned introduction of the high-speed computer-chip designer's technology in its new Camino chipset, said Warburg Dillon Read analyst Seth Dickson. Intel, the world's biggest semiconductor maker, had delayed the introduction of Camino, though a September rollout is now expected. ''Intel is driving Rambus in the PC platform to be the next standard in memory, '' Dickson said. He rates Rambus ''strong buy'' and predicts the stock will reach 150 within six months. Its shares had risen 42 percent since May 5 at yesterday's close.
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