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


To: Don Green who wrote (38700)3/22/2000 12:04:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
Dow Down 53.98; Nasdaq Up 103.26
Story Filed: Wednesday, March 22, 2000 11:27 AM EST

NEW YORK (AP) -- Technology stocks rose today, but the broader market was mixed as investors digested the Federal Reserve's latest boost to interest rates.

In morning trading on Wall Street, the Dow Jones industrial average was down 53.98 at 10,853.36.

Broader stock indicators were higher. The Nasdaq composite index was up 103.26 at 4,814.94 and the Standard & Poor's 500 index was up 0.42 at 1,494.29.

Technology stocks were mostly higher today, bouncing back from a big decline last week.

Rambus rose 69 59/64 to 336 1/2 after Morgan Stanley Dean Witter said its shares could reach 500. An analyst with the firm said the company could be earning $7 to $10 a share by 2003.