Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave B who wrote (39509)	4/10/2000 11:11:00 AM
From: gnuman	Respond to of 93625

Infineon press release. Infineon Technologies Begins Sampling 256-Mbit Double Data Rate SDRAMs Availability of 256-Mbit DDR SDRAM samples strengthens Infineon's leading position in memory technologies and paves the way for availability of low cost, high performance DDR technology for the server, workstation and desktop PC markets. Organized as 64-Mbit x 4 and 32-Mbit x 8, the chips are mounted in the industry standard 66-pin 400mm TSOP-II package. The 256-Mbit DDR SDRAMs are available in the PC200 standard as well as in the faster PC266A and PC266B speed versions. "With our new 256-Mbit DDR SDRAM, Infineon anticipates the industry's move toward the Double Data Rate standard later this year," said Harald Eggers, senior vice president and general manager of Infineon's Memory Products Division. quoteserver.dogpile.com

To: Dave B who wrote (39509)	4/10/2000 11:11:00 AM
From: Marcel	Respond to of 93625

Intel boosts chip production Chipmaker distributing open source software cbs.marketwatch.com By Steve Gelsi, CBS MarketWatch Last Update: 10:42 AM ET Apr 10, 2000 Hardware Report TOKYO (CBS.MW) -- Intel will invest $6 billion this year to increase chip production capacity amid higher chip demand, Chief Executive Craig Barrett said Monday. Also, Intel (INTC: news, msgs) will distribute an "open source" version of its advanced security software in a move to align itself with the Linux operating system, according to a separate Wall Street Journal report. The software will be compatible with the Common Data Security Architecture, an open standard established about two years ago. Intel will give away the Linux-based CDSA features to software developers for free over the Internet starting May 15, the newspaper said. Speaking in Tokyo at a news conference, the Intel CEO predicted a possible shortage in semiconductors across the board this year and possibly next year. The world's No. 1 chipmaker will spend about 80 percent of this year's $6 billion in chip investment on manufacturing capacity for computer chips. The rest will go toward the production of flash memory chips, which are widely used in cell phones and hand-held computers. Global chip demand is being fed by high-speed communications, networking and consumer electronics; cellular phones, pagers, video game consoles and networking products. Craig declined to comment on the impact on the global e-business industry of a recent ruling that Microsoft Corp violated U.S. antitrust laws, he said in a Reuters report. "I think it's very premature to comment on the impact that will have on the Internet or electronic commerce because we really don't know what is going to happen to Microsoft," he said. Shares of Intel, based in Santa Clara, Calif., fell 1/2 to 136 5/16 in recent action

To: Dave B who wrote (39509)	4/10/2000 5:19:00 PM
From: Dave B	Read Replies (1) \| Respond to of 93625

Humor break... ------------------------------- Whispers and Lies: A week in the life of the great bull market's grapevine. (FORTUNE Investor/The Chatting Classes) Fortune, April 17, 2000 v141 i8 p510 Full Text My name is David, and I'm a chat room junkie. I've been addicted for a week now, ever since my editor told me to spend day and night tracking talk about red-hot Rambus to determine whether there's any validity to what gets said online. You'd think this would be a routine task, composed largely of pointing and clicking--and yawning. But I now understand why so many real investors log on to Silicon Investor, Raging Bull, and Yahoo: They want to climb into the belly of the beast, the guts of the bull market, where momentum investors, well-meaning retirees, and Wall Street pros step around one another under cover of anonymity, each in search of that ideal bit of buzz that can move a stock. Where else can the average guy watch a securities crime take place from the comfort of his own windowless office? You couldn't find better drama on the shelf at Blockbuster: the thrill of people bragging about big winnings, the agony of the shorts, the desperation to get in on the upside and then out before things head south. The only thing is, after several days and nights of surfing and lurking on the three popular boards above, I knew no more about Rambus than I did at the outset. What I found instead was little different from a bunch of frat buddies encouraging each other to drink even more beer. About the only unassailable fact I picked up during the week had to do with the mood of the market: Things were nuts. As for the stock in our sights, we chose Rambus because it is up 400% this year on optimism about its low-cost computer chip technology. When FORTUNE first looked at the company in 1998, its stock was $36 a share. Today the price is around $332. How did it cover so much ground so quickly? Well, here's a look at just one market-week period in March, shortly after the company announced a 4-for-1 stock split. Now multiply it by 67 weeks. Monday, March 20: Details about a negative report posted on a cult site known as Tom's Hardware begin to hit the boards. Investors are groping for answers to a decline in the stock from $393 to $317--the opposite direction of the surging Nasdaq--and they settle on Tom's, which irreverently questioned the legitimacy of Rambus' products. Shorts declare that their day has come. Longs insist a rebound is under way. No one mentions that seven insiders had recently sold a total of 123,000 shares. Tuesday, March 21: More ugliness as the stock plunges to $240. Tom's bears the brunt again, but some messages focus on competition from IBM and concerns about the political tempest brewing in Taiwan. On Raging Bull, one poster calls for the stock to hit $200; another says $150 is the likely bottom. "Nothing warranted the run-up," adds the second anonymous messager. Others recommend bargain hunting. A bold prediction goes up that Rambus, with $8 billion in market cap, should be a $90 billion stock like JDS Uniphase. No details follow. Messages soon promise that Rambus is about to dispute the Tom's article. By Friday, company officials have said nothing. (A spokeswoman says the company doesn't pay attention to chat rooms.) Wednesday, March 22: Morgan Stanley Dean Witter to the rescue! Analyst Mark Edelstone (the latest Turk to give a stock a seemingly outlandish price target) pronounces that Rambus will hit $500 a share in 18 months based on three-year profit-growth forecasts of an astounding 130% a year. As shares climb 31% to $350, chatter discounts the fact that Morgan Stanley took Rambus public in 1997--and still owns shares. Messages focus on just how quickly the stock can hit the big number. Two weeks? One week? One day? "Can someone tell me why Rambus is worth that price?" I query. The response comes in a tidy message with a link to a related site chock full of rosy, but truthful and informative, facts. The sender also cues me in to the zeal behind this stock: "Be ready to change your life after reading this just like mine did." I'm all set to ask my editor for what's left in petty cash when a fresh message pops up: To all who will listen, $1.50-a-share Tanisys Technology "is going to fly." (Um...sure.) Thursday, March 23: Other than a message on Raging Bull predicting the stock will close at $1,000--based on some obscure rule in financial analysis that when Barron's is bearish we should buy like there's a clearance sale at Gucci--all is silent. Lucent Technologies has captured all the attention after someone posts a phony earnings warning on Yahoo. Rambus drops 13, to $336. Friday, March 24: The calm after the storm. Shares barely budge and close at $332. One optimistic investor on Yahoo predicts weekly gains of $25 to $30 a share until the split on May 24. "That's $718 a share," writes a fellow who calls himself Marty. Suddenly, Edelstone looks conservative, and I'm wondering which lucky stiff bought at $240. [BOX] Loose Lips RAMBUS Daily stock price March 10 Rambus announces 4-for-1 stock split March 20 Cult Website bashes Rambus' technology March 22 Morgan Stanley analyst sets $500 price target FORTUNE CHART COPYRIGHT 2000 Time, Inc.