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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Charles R who wrote (22931)6/18/1999 3:16:00 PM
From: Allen champ  Respond to of 93625
 
RMBS is moving now ! 91 3/8

Chip Companies Cha-Cha Under the Admiring Eye of
Analysts
By Marcy Burstiner
Staff Reporter
6/18/99 2:59 PM ET

Tech stocks were mixed as Friday afternoon came around, with some chip stocks
getting a boost from brokerage comments.

Power-conversion chipmaker International Rectifier (IRF:NYSE) rose on comments
from Salomon Smith Barney analyst Jonathan Joseph, who told investors he is
seeing improvement in commodity chip prices. "Pricing in general is firmer, excluding
DRAM, and prices are rising in selected segments such as SRAMs, EPROM, flash
and commodity analog chips," he wrote.

Stock prices should continue to rise in the sector, he said. "We are still early in the
cyclical rebound," Joseph said in a phone interview. While the company's chip prices
continue to decline, the rate of decline has been slowing, he said. The stock was
lately up 1 1/4, or 11%, at 12 1/4.

The analyst pointed out that another commodity chipmaker, Cypress
Semiconductor (CY:NYSE), has also been rebounding lately as its chip prices have
been rising. Since June 8, the stock has risen more than 40%. In early afternoon
Cypress was up 11/16, or 4%, at 16 3/16.

Chip-Equipment Makers Still Strong

Goldman Sachs analyst Gunnar Miller says equipment orders remain strong. Data
just released for May equipment orders show an industry book-to-bill ratio of 1.24,
meaning companies booked 24% more orders than they billed out, a sign of healthy
growth. Bookings totaled $1.4 billion, a 4% increase over April and a 29% increase
over year-ago levels.

"People interpret this dramatically," Miller tells TheStreet.com. "It's sort of like Alan
Greenspan -- each eyebrow twitch means something." Companies seeing the
greatest growth are makers of test equipment like Teradyne (TER:NYSE), he says,
because of heavy demand for testers from communications chipmakers. Teradyne
was down 3/16 at 67 1/2.



To: Charles R who wrote (22931)6/18/1999 3:18:00 PM
From: REH  Respond to of 93625
 
go to yahoo with your FUD please

but first, go to intel's site and read about the difference between Katmai and Coppermine. Katmai and Camino is happening and that's when Rambus starts and....you guessed it - that's only weeks away.

Better yet - go to PC EXpo next week - you might get surprised

nuff said
reh



To: Charles R who wrote (22931)6/18/1999 3:18:00 PM
From: E. Graphs  Respond to of 93625
 
So far we are just pulling back to yesterday's breakout.....on average volume. That's to be expected after a 9 point breakout. OE is a good chance for the stock to pull back before we move on to 111 and then 131.

207.95.154.130

JMHO



To: Charles R who wrote (22931)6/18/1999 3:38:00 PM
From: kapkan4u  Read Replies (3) | Respond to of 93625
 
<Chuck - re: If you are counting on Q4 shipments from Coppermine designs, 90s is a great exit point. Once there is a downgrade the valuation would be much lower than where it is today. >

Chuck,

The volume of hype and denial on this thread is phenomenal: both very good indicators for taking a short position in RMBS. I am looking for a run into the high 90s and I will be all over this one.

Kap.