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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?

To: Mephisto who wrote (265)	12/7/1999 7:34:00 PM
From: Mephisto	Respond to of 912

Strong Arm Holdings Arm Holdings designs, licenses and markets microprocessors for devices that require low power, such as mobile phones and handheld computers, as well as set-top boxes. The company's share price has gained 38 percent in the last three weeks alone, partly on expectations it will enter the FTSE 100. Arm Holdings had a market cap of $10.15 billion (6.277 billion pounds), as of Monday's London close. "It's share price progress has been amazing," said Elizabeth Klein, technology analyst with Barclays Stockbrokers in London "They've signed up some really good deals in the last three weeks alone." Analysts at Killik & Co. rate Arm a "buy," saying the company is "extremely well placed to benefit from the ongoing march of both manufacturers and users towards 'mobile' computing power." Last month, Arm Holdings announced a deal with Texas Instruments (TXN: news, msgs) to collaborate on microcontrollers for next generation wireless devices. In October Intel Corp (INTC: news, msgs) licensed Arm Holdings' latest microprocessor architecture. Shares in Arm Holdings closed up 32.5 pence, or 1 percent, to 3,343 on Tuesday in London. U.S.-listed shares (ARMHY: news, msgs) rose 1 5/16 to 166 15/16 in recent trading.