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


To: jim kelley who wrote (39567)4/10/2000 11:55:00 PM
From: Estephen  Respond to of 93625
 
Monday April 10, 10:59 pm Eastern Time

Tokyo stocks ease on Nasdaq, but only slightly

TOKYO, April 11 (Reuters) - Tokyo stocks ended Tuesday's morning
session a shade lower, as investors shrank away from some high-tech and
Internet shares after a 5.81 percent fall on the U.S. Nasdaq composite index
(^IXIC - news).

But losses were limited due to selective but broad-based buying. Even some
shares in high-tech manufacturers gained on market expectations of solid earnings for the year ended
in March, traders said
.

``There's still healthy demand from investment trusts and institutional investors who aren't just
bargain hunting in 'value' stocks but buying into high-tech makers with healthy earnings,' said
Hiroshi Sato, equities manager at Cosmo Securities.

``Strong reaction to earnings and other corporate news shows how investors are quite eager to buy,
but are being selective.'

biz.yahoo.com

**********
Rambus should be a selective buy. By today's action you would think so. Good chance Rambus wil beat earnings.